4 ms·

You can continue your employer-provided healthcare for 18 months via COBRA.

• rpwilcox 14y ago
  and pay out the nose for it, from what I've heard...
  • joezydeco 14y ago
    Absolutely. Go ask your HR rep what your plan actually costs per month. For my small company, the family plan is nearly $3,000/mo.
    • mattgreenrocks 14y ago
      As a healthy 30 year old, I'm paying 500/mo for a PPO on COBRA.
• _delirium 14y ago
  That's still a bit risky if you have a major health problem. I have a friend with a congenital heart defect, and he treats the 18 months of COBRA as the absolute last-ditch fallback to use only if he ever gets laid off: it gives him a hard deadline of 18 months to find another job with a group health plan. But he wouldn't voluntarily put himself in that position where he has to find a new job w/ good benefits in 18 months, so he would never really quit a job unless he had another one lined up ahead of time (and doing a startup or consulting is out of the question, because the individual health insurance would cost a ton). Pretty weird/absurd tie-in between professional life and the genetic lottery imo, due to the strange way health risk pools and employment pools have gotten conflated in post-WW2 America. Anyone can be an entrepreneur, as long as you didn't get unlucky in the womb!