Another reason to support consumer owned health care: as self-insured companies close their doors, employees are left in the lurch. Federally mandated COBRA doesn’t apply because there is no insurer to continue the policy. Worse, when providers cannot get payment from the employer/insurer, they have started going after the newly unemployed individual.

There was already evidence that sick employees were more likely to keep insurance they purchased on their own if they became unemployed, and this provides one reason why.