3 ms·

COBRA is actually a terrible deal if you had a nice plan. You could pay a third to get a decent marketplace plan in most places

• dragonwriter 4y ago
  > COBRA is actually a terrible deal if you had a nice plan. You could pay a third to get a decent marketplace plan in most places Unless you qualify for marketplace subsidies, marketplace plans aren't a better deal like for like, than the best deals on employer group plans. If you had a good employer plan, a minimal marketplace plan will be far cheaper, but switching insurers can have a nonfinancial transitional cost associated with networks changes that you may not want to deal with when transitioning to job hunting, and while for the average consumer a cheaper plan will usually also be lower cost, you may not be the average consumer; a cheaper plan that covers less may, as well as being a transitional headache, increase your total insurance + out of pocket cost.
• lcvw 4y ago
  The last time I looked at marketplace plans (in my state ymv). I couldn’t find a single one that had good enough coverage for this to be worth it. The person I was looking for hits their out of pocket max every year though, so it just depends on your usage. The best I could find was like 1k a month + a 12k out of pocket max, so 24k a year total. But ymmv