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No, it wouldn't be only half as cheap if healthcare was taken care of. For many of us it'd be significantly more. I just got quoted for COBRA recently and it wa
by earthling8118 3y ago
No, it wouldn't be only half as cheap if healthcare was taken care of. For many of us it'd be significantly more. I just got quoted for COBRA recently and it was more than double my current monthly expenses. That wasn't even for a family plan but rather for an individual one. And it isn't like it paid for 100% of medical care anyway. Luckily I was able to secure a job and got a much more reasonable rate instead.
- ghaff 3y ago>I was able to secure a job and got a much more reasonable rate instead Sure. It's going to be a lot cheaper if someone else is picking up the majority of the tab. Leaving aside some tax effects and a small administrative fee, COBRA is basically priced at your contribution plus your employer's contribution to a group insurance plan. When I've looked it's not been much different from a comparable plan on the exchanges.