The Two-headed COBRA

I spent three years in this industry, and have an above-average understanding of COBRA. I just found this little nugget, however, hiding in the "stimulus" bill: subsidized COBRA payments and a "2nd chance" clause for those who turned down COBRA eligibility.

Since businesses are required to offer this stimulated version of COBRA, downsizing to save money will end up causing them more trouble than laying off the huge bloc of employees may have...or at least send them scrambling for cash.