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Hasn't COBRA more-or-less been obviated by the ACA rules on pre-existing conditions anyway? The only people I know who used COBRA in the past did so because the
by NovemberWhiskey 5y ago
Hasn't COBRA more-or-less been obviated by the ACA rules on pre-existing conditions anyway? The only people I know who used COBRA in the past did so because there was a family member who was essentially uninsurable on an individual basis.
- whatlolasdqwe 5y agoIt may not be the same in every state but when I compared my COBRA offering (pretty good healthcare) to a matching plan on the ACA the COBRA program was almost $500 cheaper per month. I was on exchange insurance between jobs as a consultant and I paid $750/mo for bronze tier "only if you're dying" insurance.
- SilasX 5y agoNo? The healthcare.gov options with similar benefits to an employer plan are more expensive than what the employer was paying, so it often makes sense to keep the COBRA option. Source: Did.
- jrgoff 5y agoThe ACA plans I had available were only slightly less expensive than my COBRA, but there was not a single ACA plan available that would cover any out of network expense like my COBRA plan did. I did switch to an ACA plan after COBRA expired and it was fine, but I slightly preferred my COBRA plan.