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View Diary: Laid off workers will have alternative to expensive COBRA coverage (46 comments)

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  •  I am currently in COBRA no man's land (1+ / 0-)
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    My employer-sponsored insurance ended Aug. 31. I have 60 days to decide whether to pay for COBRA, which is a whopping $1500 per month for me and my family (yes, it was great insurance...more than we needed actually). The great thing is that I have until Oct. 31 to make my decision on COBRA, and then it would be retroactive. So I'm waiting it out. If we have no medical emergencies between now and Oct. 31, I don't buy COBRA. I'm looking for a 2-month short-term plan to get us through until Jan 1 and then happily jumping into the exchange. Calculated amount for a silver plan for my family? $276. God bless America!

    Never interrupt your enemy when he is making a mistake.

    by Libertina on Fri Sep 20, 2013 at 07:47:50 AM PDT

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