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Wednesday, March 2, 2011

NFL Lockout: Going to Extremes for Health Insurance

The much talked about NFL Lockout is upon us and causing quite a stir when it comes to players and their health insurance benefits that could disappear tonight. Players have been encouraged to apply for COBRA, but with the hefty price tag that comes with COBRA, many players are opting out. And without any health insurance they are putting their financial situation at risk.

According to the article "Desperate Measures? Player's Wife Induces Labor Early as NFL Lockout Approaches" by Brad Cohen found on SportsGrid.com, an unnamed player's wife induced labor early deliberately to ensure the health care costs would be paid for by the NFL health insurance. This may seem extreme, but will simplify things for the family. Although COBRA is a very good option for players it is expensive. Channing Crowder, the linebacker for the Miami Dolphins says it's going to cost him about $1300 a month for COBRA health insurance. Many players may not be financially prepared for this type of monthly cost. Hopefully this NFL lockout will be resolved soon and it will be a short term situation.

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