4 ms·
The pricing for COBRA is the same price that your plan cost overall through the company (I think maybe they can charge an additional 5% to cover administration
by modoc 17y ago
The pricing for COBRA is the same price that your plan cost overall through the company (I think maybe they can charge an additional 5% to cover administration costs). So you're just seeing the true cost of the plan your old employer provided. They can't jack up the price on you.
- ShabbyDoo 17y agoThe other problem is that you're seeing the AVERAGE cost of the plan. So, while you as a 20-something single guy would get a great rate from Aetna/whoever, you're paying for old fat smoker when you go with COBRA. I've bought insurance through Cleveland's COSE (Council of Smaller Enterprises) in the past. Pretty expensive, but really good coverage (I have a family).