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Re: re COBRA, an appropriate name » AKC

Posted by Greg on July 4, 2001, at 10:34:11

In reply to Re: re COBRA, an appropriate name » Greg, posted by AKC on July 3, 2001, at 22:15:55

AKC,

That's for coverage for myself and three dependants. I remember seeing someone else's (same amount of dependants) paperwork for COBRA 3-4 years ago and it seems to me that it was only $400-$450 at that time time. I can't believe that the rates could have gone up that much in such a short period of time. My wife works, and we're just going to get everyone on her coverage. $800+ is just too much to spend.

Thanks for the feedback, I'll check into it and see what I can find out.

Greg

> Greg,
>
> Without knowing anything about your previous employer or if you are covering dependents, make sure your not getting jipped on your COBRA rights (this seems high to me if you are just covering yourself) - the employer cannot charge you more than 102% of their premium cost (unless it is disability related, then they can charge up to 150%). A site you might want to check out for information on COBRA is: http://www.insure.com/health/cobra.html
>
> Another good source of information can be found at www.benefitslink.com
>
> Then do a search using the word "COBRA." Some of the information is pretty technical (for attorneys and human resource type folks), but a lot of it is pretty readable.
>
> Hope this helps. Good luck.
>
> AKC


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