Re:Embracing Sabbaticals, Sunsetting Retirement Age
by earthling8118 on Wednesday August 30, 2023 @07:53AM
(#37320648)
No, it wouldn't be only half as cheap if healthcare was taken care of. For many of us it'd be significantly more. I just got quoted for COBRA recently and it was more than double my current monthly expenses. That wasn't even for a family plan but rather for an individual one. And it isn't like it paid for 100% of medical care anyway. Luckily I was able to secure a job and got a much more reasonable rate instead.
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Re:Embracing Sabbaticals, Sunsetting Retirement Age
by ghaff on Wednesday August 30, 2023 @08:11AM
(#37320814)
>I was able to secure a job and got a much more reasonable rate instead
Sure. It's going to be a lot cheaper if someone else is picking up the majority of the tab. Leaving aside some tax effects and a small administrative fee, COBRA is basically priced at your contribution plus your employer's contribution to a group insurance plan. When I've looked it's not been much different from a comparable plan on the exchanges.