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How can there be no healthcare without a bankruptcy filing? Isn't COBRA mandatory?
by xxpor 3y ago
How can there be no healthcare without a bankruptcy filing? Isn't COBRA mandatory?
- nevir 3y agoC̶O̶B̶R̶A̶ ̶i̶s̶ ̶m̶a̶n̶d̶a̶t̶o̶r̶y̶,̶ ̶b̶u̶t̶ ̶t̶h̶e̶ ̶p̶e̶r̶s̶o̶n̶ ̶l̶a̶i̶d̶ ̶o̶f̶f̶ ̶h̶a̶s̶ ̶t̶o̶ ̶p̶a̶y̶ ̶f̶o̶r̶ ̶i̶t̶ …if the company still exists (see comments above and below)
- ghaff 3y agoOnly if there still is a group health plan to pay for. If the company has shut down, there is no health plan, and therefore no COBRA. (Although, in general, with ACA, marketplace plans are not clearly worse than COBRA would have been.)
- nevir 3y agoOh, hell, totally didn't think of that. Ugh
- boringg 3y agoIsn't COBRA for layoffs not shutdowns?
- dragonwriter 3y agoCOBRA isn't employer-paid healthcare, its an ex-employee option to pay for the previously-employer-offered plan, while the employer offers a plan to current employees. If there are no more company operations and no current employees, there is also no plan and no COBRA. This could also be an issue if a company restructured so it didn't have to offer employees health care because of size or everyone being part time or whatever: COBRA doesn't guarantee that there is a plan from your former employer, it just gives you a right to pay for it yourself if there is, for a certain period of time.
- hotpotamus 3y agoYou know, it's rather impressive the lengths the US will goto to avoid socialized/single-payer health plans (for anyone who isn't in the military or poor or over 65 at least). That sounds rather cockamamy to me.
- andlarry 3y agoMedicare: 65,748,297 people enrolled [0] Medicaid and CHIP: 85,614,581 people enrolled [1] Military: 9.5 million people covered [2] The US has not one but two of the largest single payer health insurance programs in the world. Medicare alone has more people enrolled than any European country's single payer programs other than Germany (pop 83,294,633) and the UK (pop 67,736,802). [0] https://medicareadvocacy.org/medicare-enrollment-numbers/ https://medicareadvocacy.org/medicare-enrollment-numbers/ [1] https://www.medicaid.gov/medicaid/program-information/medicaid-and-chip-enrollment-data/report-highlights/index.html https://www.medicaid.gov/medicaid/program-information/medica... [2] https://www.health.mil/Military-Health-Topics/MHS-Toolkits/Media-Resources/Media-Center/Patient-Population-Statistics/Patients-by-Beneficiary-Category https://www.health.mil/Military-Health-Topics/MHS-Toolkits/M...
- llm_nerd 3y agoI don't think having discrete programs for subsets of the population is single-payer. Single-payer to my understanding means that the health system itself has a single payer. Having the government pay for some patients and a myriad of insurance plans covering the bulk of other patients is not single payer. As they said, it is bizarre the lengths the US will go to to maintain its layered system. It seems purpose built to screw people over.
- hotpotamus 3y agoI think it would likely be called a non-universal multiple single-payer system if you want to get pedantic about things, but either way given that Americans spend more on healthcare in relative terms while lagging in most health measures makes it all seem very foolish.