Got my COBRA bill this weekend

Discussion in 'Healthcare/Insurance/Govt Healthcare' started by Baruch Menachem, Jan 24, 2010.

  1. Baruch Menachem
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    Baruch Menachem '

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    I just got around to checking my mailbox, and the COBRA bill is there. It is $664 per month. the last stimulus bill will pay 65% of that, which means I am 234 out of pocket for it.

    Net unemployment is 299 per week.

    I liked working for the big bank. I feel really bummed now though.
     
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  2. Joe Steel
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    Joe Steel Class Warrior

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    Some politicians talk of COBRA as if it's a key part of health care reform. In fact, it's almost useless. While some displaced workers can afford it, most can't. It moslty a cover for politicians. It allows them to say they've done something.
     
  3. geauxtohell
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    geauxtohell Choose your weapon.

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    COBRA sucks. When I got out of the service, my wife and I looked at it, and realized we couldn't afford it.
     
  4. Mr. H.
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    Mr. H. Diamond Member

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    COBRA insured the wife when she got laid off, but w/out the 65% gummit cost share we couldn't have afforded it. She's picked up a full-time school aid position which pays minimum wage but she now has boffo health coverage and it doesn't cost a dime. *whew*
     
  5. geauxtohell
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    geauxtohell Choose your weapon.

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    I guess that's the issue. Even w/ the government picking up 65% of the tab, a lot of people can't afford 45% of their medical bills.

    Sad.
     
  6. jillian
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    jillian Princess Supporting Member

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    A friend of mine lost her husband to cancer on new years' eve.

    This week she got a letter terminating her health insurance (which she got by way of his employer) retroactively to December 31st. Not even an opportunity to buy COBRA. Luckily, she can get coverage immediately through work (hoping there aren't any pre-existing conditions to deal with).

    I'm not even sure that's legal for them not to give notice of termination.
     
  7. geauxtohell
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    geauxtohell Choose your weapon.

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    Does it matter? Even if the insurance company acted in blatantly bad faith, they have an army of highly paid lawyers to bury the common joe in court.

    They win by simple mass effect.
     
  8. jillian
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    jillian Princess Supporting Member

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    well, luckily she is in a position where it's not going to be a problem for her. but that isn't true for a lot of people.

    its the same as when they deny a claim for a medical procedure and make the people appeal the determination til the sick person's dead.

    but plaintiffs' lawyers are the reason for all of the problems doncha know.
     
  9. Conspiracist
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    Conspiracist Snuggle weather rocks!

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    To a lot of degrees they are. But it's also like which came first, the chicken or the egg? The doctor's mistake or a false case. Even though both sides have valid arguments it's all become too much for us to handle mostly. When I was layed off, because of overtime, I made less than half of what I was accustomed to while on unemployment. NO WAY could I have afforded COBRA. I am damned glad I found a job and that took near a year because of my family's unwillingness to move and manufacturing sailing out of here like Walmart minions leaving a trailer park for a huge sale!
     
  10. Samson
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    Samson Póg Mo Thóin Supporting Member

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    Shop around.

    I suggest Blue Cross/Blue Shield Catastrophic Health Insurance.

    Last time I bought it it was something like $185/mo for self + family.
     
    Last edited: Jan 25, 2010

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