Comments on: Health Insurance: Part 3 – COBRA Coverage

By: Your Money Relationship - 2009 Economic Stimulus Plans Effect on Taxes Now and Beyond

Fri, 20 Feb 2009 17:02:25 +0000

[...] the payout by $25 a week, extended the time period for benefits, and it gave a 65% break on COBRA premiums. I just hope this helps incourage individuals to seek work and not just keep them on unemployement [...]

By: Adam

Adam — Sun, 04 Jan 2009 01:53:15 +0000

@Mrs Accountability – Not a bad deal! Did the company still cover some of the total cost? It sounds like they covered something.

By: Mrs. Accountability

Mrs. Accountability — Sun, 04 Jan 2009 01:47:55 +0000

When my husband gave notice at his job last February to start his own business, I never thought to ask about COBRA as I had always heard it cost hundreds of dollars a month for coverage. Like, over $1000 a month. Mr. A’s employer neglected to mention he was eligible but finally did in May – we had to make two payments, one for March and April, but it was only $230/month and that was to cover our youngest son, who was still 18 at the time. Now that our son is 19, and no longer eligible to be on his insurance, it has dropped down to $145.