Bob Smalls is 63-year-old who lost his job due to a corporate restructuring, and his employer has told him he is COBRA eligible. Bob has no liquid savings, and is in poor health.
Consider alternatives for acquiring health coverage, including COBRA, Affordable Care Act, and Medicaid.
Write a 350- to 700 word analysis of the scenario, including an explanation of alternatives for acquiring health coverage, including COBRA, Affordable Care Act, and Medicaid.