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Individual health insurance has long been more costly than employer based coverage, due to a greater risk assumed by the insurance company.

However, the luxury of employer based coverage isn't protecting many workers these days, leaving the unemployed to struggle with the high costs of individual health insurance.

At the LA Times, the pending expiration of Cobra subsidies for the unemployed is predicted to leave millions without coverage.

Originally the subsidies were designed to help Americans "subsidize the often crippling cost" of purchasing individual health insurance.

However, the subsidies were only designed to last about nine months, and deadline which is about to expire. If these subsidies aren't extended, "hundreds of thousands will lose the subsidy each month" forcing them to pay 3 times what they're paying now.

And without jobs to help them cover expenses, few of them will be able to find affordable individual health insurance.

The White House wants to extend the subsidies, they just need to find the money to do so.

Hopefully upcoming legislation, and an upturn in our economy, will soon solve this problem for good.