The economic stimulus package that passed the House has large implications for health insurers.
The bill, which passed by a margin of 244-188, calls for an expansion of Consolidated Omnibus Reconciliation Act (COBRA). Employers would be mandated to offer COBRA health care coverage to former employees and retirees ages 55 and older for at least a decade until they become eligible for Medicare.
The bill also includes $20 billion in funding to help speed up the adoption of electronic health records by insurers and health care providers.
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