Terrible. COBRA would have been best option in this situation, I think. By law, (for a steep COBRA fee) no one is supposed to lose their insurance on such short notice.
COBRA lets you pay the full premium to continue. If your company has been covering 80% or more, the premiums alone will be insane. Also this comes at a time when you just lost your job...
I realize COBRA is the full premium. My claim is that, if company coverage is lost in the middle of an expensive treatment, COBRA is more affordable than the out-of-pocket cost.
COBRA is older than ACA. Special enrollment in ACA under the job loss enrollment period exemption may be a better option than COBRA.
freedomben|2 months ago
peterbecich|2 months ago
COBRA is older than ACA. Special enrollment in ACA under the job loss enrollment period exemption may be a better option than COBRA.