4 ms·
The cost of COBRA is whatever your plan's premium was plus an optional 2% administrative fee. So yeah, you're not getting your employer's subsidy but you're no
by inferiorhuman 3y ago
The cost of COBRA is whatever your plan's premium was plus an optional 2% administrative fee. So yeah, you're not getting your employer's subsidy but you're not paying two premiums.
- omgwtfbyobbq 3y agoThat's only if the company chooses to continue paying your premiums, and I've never seen that after leaving a job. I'm my experience, you'll pay 1.5-3x what you were paying while with the company.
- alistairSH 3y agoEmployer gets to pay with pre-tax dollars. The ex-employee does not. So, for most of us, that’s a ~30% increase in cost for the amount the employer previously covered.