Plant and business closings, downsizings, and reductions in hours often mean the loss of health and retirement benefits for workers. As a dislocated worker, you may have questions concerning your health and retirement benefits. Find answers in this section of the U.S. Department of Labor website.
COBRA gives certain former employees and family members the right to temporary continuation of health coverage at group rates when coverage is lost due to certain specific events. Since COBRA participants generally pay the entire premium themselves, it’s usually more expensive than health coverage for active employees (employers generally pay part of the premium for active employees) but less expensive than individual health coverage.