Losing Health Insurance
Losing your job doesn't always mean losing your healthcare, but it can.
In some cases, people who are laid off can maintain their group health benefits under a federal law, the Consolidated Omnibus Budget Reconciliation Act of 1986, known as Cobra. But that is not an option for former Archway employees because their group health plan no longer exists. And they generally cannot afford to buy insurance on their own.
Even Cobra isn't a great deal because it can cost a lot and many people without a job are struggling to keep a roof over their head and food on the table.
This is another example of why we have to reform our healthcare insurance system. Thank goodness, this is one of the major topics being discussed at change.gov.