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  1. #1
    ENOUGH I'VE HAD ENOUGH!!!

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    Default COBRA Health Insurance

    With all the uncertainty regarding whether someone will lose their job, here is a link to the US Department of Labor, and COBRA health insurance.

    U.S. Department of Labor - Find It By Topic - Health Plans & Benefits - Continuation of Health Coverage – COBRA

    Here is just one of many FAQs.

    Q24: Am I eligible for COBRA if my company closed or went bankrupt and there is no health plan?

    If there is no longer a health plan, there is no COBRA coverage available. If, however, there is another plan offered by the company, you may be covered under that plan. Union members who are covered by a collective bargaining agreement that provides for a medical plan also may be entitled to continued coverage.
    read more FAQ at:
    FAQs For Employees About COBRA Continuation Health Coverage

  2. #2
    I Am Rocking Now

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    Default Re: COBRA Health Insurance

    I just got my 1st bill from the benefit fund. Full coverage under the COBRA for my wife and I is $1142.76 a month.

  3. #3
    ENOUGH I'VE HAD ENOUGH!!!

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    Default Re: COBRA Health Insurance

    Quote Originally Posted by 2631 View Post
    I just got my 1st bill from the benefit fund. Full coverage under the COBRA for my wife and I is $1142.76 a month.
    2631, I know you and I have discussed this but for those that do not know, that same policy as an individual plan, on the open market is over $3000 per month.

    Without COBRA and the union things would be a lot worse.

  4. #4
    ENOUGH I'VE HAD ENOUGH!!!

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    Default Re: COBRA Health Insurance

    Quote Originally Posted by 2631 View Post
    I just got my 1st bill from the benefit fund. Full coverage under the COBRA for my wife and I is $1142.76 a month.
    2631, that rate is changed yearly in August. Next August you should see an increase. cause nothing ever goes down, except wages.

  5. #5
    On A Mission

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    Default Re: COBRA Health Insurance

    Quote Originally Posted by 2631 View Post
    I just got my 1st bill from the benefit fund. Full coverage under the COBRA for my wife and I is $1142.76 a month.
    That would be half of my months pay from unemployment..But it may be more with 3 kids.....A NO IS NOT WORTH THE GAMBLE.

  6. #6
    "the real boss"

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    Default Re: COBRA Health Insurance

    Thanks Mudflap for a good link and info!

  7. #7
    ENOUGH I'VE HAD ENOUGH!!!

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    Default Re: COBRA Health Insurance

    Quote Originally Posted by slavenomore View Post
    That would be half of my months pay from unemployment..But it may be more with 3 kids.....A NO IS NOT WORTH THE GAMBLE.
    You are correct slave, what 2631 quoted was for 2 people, the family plan is more expensive than that. Can not remember the exact amount but $250 - $300 more per month sounds about right.

  8. #8
    ENOUGH I'VE HAD ENOUGH!!!

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    Default Re: COBRA Health Insurance

    Quote Originally Posted by x475 View Post
    Thanks Mudflap for a good link and info!
    You're welcome. I've been through the COBRA process and without the real facts, you are dead in the water if you encounter a problem.

  9. #9
    I Am Rocking Now

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    Default Re: COBRA Health Insurance

    Quote Originally Posted by mudflap560 View Post
    You are correct slave, what 2631 quoted was for 2 people, the family plan is more expensive than that. Can not remember the exact amount but $250 - $300 more per month sounds about right.
    mudflap, the family rate for COBRA from our fund is $1672.32 per month.

  10. #10
    ENOUGH I'VE HAD ENOUGH!!!

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    Default Re: COBRA Health Insurance

    Quote Originally Posted by 2631 View Post
    mudflap, the family rate for COBRA from our fund is $1672.32 per month.
    Thanks 2631, that's about a 50% insrease over the 2 person plan. It's no wonder few can afford it.

    For what it's worth, I had an outpatient cardiac catherization the end of July. The bill was for $37,000. I had a $250.00 copay, the fund paid almost $17,000, the rest got written off, glad I had COBRA.

    There are those who think they don't need no stinkin health insurance.

 

 
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