Article 43

 

The cost of COBRA

The Consolidated Omnibus Budget Reconciliation Act - COBRA - gives workers and their families who lose their health benefits the right to choose to continue group health benefits provided by their group health plan for limited periods of time under certain circumstances such as voluntary or involuntary job loss, reduction in the hours worked, transition between jobs, death, divorce, and other life events. Qualified individuals may be required to pay the entire premium for coverage up to 102 percent of the cost to the plan.

For us layed off AT&T workers, the 2005 cost to continue our benefits under COBRA is about $450 single coverage, $1150 family coverage - monthly.

Click HERE for the COBRA Insurance website.

Posted by Elvis on 01/04/05 •
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  1. Here’s COBRA costs for an average layed off ALU manager in 2012

    $533 medical $55 dental single
    $1400 medical $183 dental family

    Over 50 with 15 years service

    $291 medical $39 dental
    $689 medical $78 dental

    monthly

    Posted by Burned Out Baby Boomer  on  03/12/12

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