2 ms·
I’m sorry you’re going through this. If it helps, I’ve worked in software for over a decade with an unrelated college degree and it’s never held me back. All an
by mbgerring 4y ago
I’m sorry you’re going through this. If it helps, I’ve worked in software for over a decade with an unrelated college degree and it’s never held me back. All anyone ever wants to know is that I can do the work.
> How can I justify the high cost of COBRA health insurance with limited funds, so my high school teacher wife isn't burdened by my potential medical debt while being our sole provider?
I can’t help you figure out how to deal with this financially, but you should absolutely write your Senator and Congressperson and let them know that COBRA is an absolute joke.
The existence of employer-sponsored healthcare for workers like us is frequently used as an excuse for not reforming the USA’s absolutely bonkers healthcare system. The system supposedly works for people like us, and we vote, so politicians are too afraid to upset the apple cart.
Anyone who has ever gotten the bill for COBRA after getting laid off knows that it’s basically useless. And what’s worse is that the other options — an exchange-based insurance plan, or Medicaid — might also be either too expensive or unavailable.
You can make a huge difference for everyone by speaking out on this subject. Tell your representatives that the system doesn’t actually serve you. Tell them that we need a system that’s not based on the highly variable generosity of individual employers, or the assumption that you’re putting money away each month to assume your employer’s share of your health insurance plan if hard times fall on you.
- tayo42 4y agoi feel like everyone in the US should experience COBRA and the choices in the marketplace. healthcare.gov thing. I think we'd see some real change. absolutely insane that we dont have a real safety net like that. > You can make a huge difference for everyone by speaking out on this subject. honestly idk, being in software i made a ton of money, have a lot of savings, no one is going to feel any sympathy for me. even if while uninsured one unfortunate thing would wipe out all that effort
- DavidPeiffer 4y agoI learned while filing taxes after a layoff is that COBRA payments are typically not tax deductible. If you're employed and paid $200/month deducted from your paycheck, that was taken out before taxes. But when you're stuck paying the full cost +2% administrative fee (say, $500/month), you're paying with after tax dollars unless COBRA and other health expenses exceed 7.5% of your adjusted gross income. Feels like getting kicked while you're down.