2009 Stimulus Bill Changes Cobra Plan for Unemployed Workers

As you know employers are required to provide health insurance coverage for 18 months after an employee leaves his job under the Cobra act. What has changed with the Cobra law under the new 2009 stimulus plan from the Obama administration may surprise many people.

The provisions embedded in the over $800 billion dollar stimulus plan that passed, would load employers down with new provisions for Cobra administrators. This will be the biggest change ever since Congress enacted the law in 1986 to help Americans maintain health care coverage. The additional Cobra provision under H.R. 598 has two major measures that have a massive cost for today and tomorrow.

First, if an individual stops working as early as age 55, they could retain Cobra coverage until they reach Medicare eligibility. It also doesn’t matter how long they have worked for the employer either. They would still be eligible under this new twist to the economic stimulus plan pushed through by mostly Democrats.

The law currently allows for health insurance coverage for only 18 months after the employee leaves. Under current Cobra law, the employee must pay 102% of the health insurance premium or the coverage is lost.

Second, the Cobra bill provides for a federal “COBRA Premium Subsidy” for employees that were laid off from Sept. 1, 2008, through Dec. 31, 2009. The subsidy will cover 65% of the health insurance premium payment for up to 9 months through a Cobra plan provider. The provider will receive compensation in the form of a tax credit to cover the shortfall in the insurance premium payment.

There has been little opposition to the plan given the economic slump that started in 2008 and seems to be headed deep into 2009. Most employers agree that to provide assistance with health insurance premiums on a temporary basis is an excellent idea.

Systems Are Go

Congress Thanks Scots Poet Robert Burns On His Inspiration To The American Founding Fathers!

Scots Poet Robert Burns may have been dead for a couple of hundred years but that did not stop him earlier this year from making an impressive impact on the House of Representatives. In fact the impact caused them to pass a Resolution to confirm the link between the work of Robert Burns and the USA.

The resolution was submitted by Mike McIntyre (already well known for his Scottish ancestry) from North Carolina the US state with more people of Scottish descent living there than live in the entire country of Scotland.

The Resolution also recognised that Robert Burns had truly inspired the Founding Fathers of America writing inspirational poems such as “Ode for General Washington’s Birthday” and “Ballard on the American War”.

“Scots Wha Hae”

Scots Wha Hae by Robert Burns was at one time regarded as the unofficial national anthem and is still a strong contender if Scotland gets its independence. It was strongly inspired by the American struggle for independence from the same English government.

At the back of Robert Burns mind was his strong belief that the United States victory in achieving independence would trigger off a monster size wave of independence war happening right across Europe.

President Abraham Lincoln

Shortly before his election President Abraham Lincoln attended a Burns Supper giving the burns Immortal Memory speech. This very personal speech is given at every Burns Night Supper each year to remind everyone why they are meeting to remember the Scottish Bard. It was reported that Lincoln was so moved enough by Robert Burns life and his poetry he tried with mixed success to give the address in an America version of the Scots Tongue (not and easy task for anyone to do even us born and living in Scotland would have to practice this).

 

How to Start A Internet Store Online

Selling product online is similar as selling offline. Before selling products try to analyze competition, product pricing, profit margins. Option 1: Sell products in ebay. Option2: Create and sell hard goods, e-goods, your personal or professional services. Or earn income without selling at all, through Google Ads, affiliate fees, finder’s fees, etc. selling online is not that different from selling products in a traditional store. Just because you are selling your products online does not mean that you can let your customer service slide.

Customers will start visiting your site once you do its marketing. Your customers will place an order which you can forward it to your drop shipper and the rest is handle by them. Customers tell stories of searching for decades for books that MX turned up in five minutes. Bookfinder is recommended by the Library of Congress, and Money magazine called it one of the two best book sites, the other being Amazon.

Business like starting an online store or taking a franchisee of e-commerce venture requires efforts, dedication and commitment. Want to know how to start an online store? Business is increasing little by little but on a steady pace. I just need to focus more on marketing and advertising.

Ecommerce veterans will be impressed with the design, and features and functions. Grow your internet business with no limitations: get up to 2,000 items for one low monthly fee. Ecommerce themes are very professional and come with great documentation and how to videos. The themes do run $49.00, but I recovered that investment pretty quickly. The themes really are worth the money spent. Ecommerce guides are two a penny . We noted over 120,000 on the web the last time we looked and paperback versions are piling up in your local bookstore or library. Ecommerce is the next business frontier, and many are still keen to join the land rush.

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Sales at the sites on Sunday reached $82.1 million, second only to the day before Thanksgiving. Sales via the Internet are probably one of the most common online businesses.

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