General Discussion

still_one

(98,883 posts)

27. COBRA was never a "good deal", it was always expensive. It should have been revamped

Tue Sep 17, 2019, 08:15 PM

Sep 2019

decades ago

If someone loses their job, some companies will subsidize or even pay for the cobra premiums as part of the benefit package up to the 18 months that COBRA lastlts

For companies that don’t, a significant number take their chances without it

They just lost their job. Gee, let me choose between Rent and COBRA

I have been on COBRA for a short time when the company I worked for closed down

I had the means so it wasn’t an issue for me, but a hell of a lot more do not, and if they have a family cover it is even worse

Anyone trying to suggest that COBRA is such a good deal I suspect has never been on it, or has the means to afford the premiums

During the lay-off I went through I saw firsthand over 50% could not afford the premiums

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NEW: GM is cutting off striking workers' health care coverage effective today. The UAW will now... [View all] demmiblue Sep 2019 OP

Thats why there are Union Dues. safeinOhio Sep 2019 #1

COBRA is very expensive. MontanaMama Sep 2019 #2

Cobra actually is a pretty good deal fescuerescue Sep 2019 #19

We had COBRA for a while, a long time ago. It was $900 a month just for me. pnwmom Sep 2019 #23

Not cheap - but a good deal (comparatively) fescuerescue Sep 2019 #24

But COBRA is no longer such a good deal. After the ACA was passed, premiums were based solely pnwmom Sep 2019 #25

I wouldn't challenge that fescuerescue Sep 2019 #26

COBRA was never a "good deal", it was always expensive. It should have been revamped still_one Sep 2019 #27

You're right -- it was only a good deal compared to the NOTHING that would have been available pnwmom Sep 2019 #28

Thank, you are absolutely righ, and in many cases blue color workers are the least able to afford it still_one Sep 2019 #29

Used to be a ridiculous RIP OFF price wise........ Bengus81 Sep 2019 #41

Nothing like having your healthcare named after a deadly thing that can bite you in the ass. TeamPooka Sep 2019 #33

This message was self-deleted by its author geralmar Sep 2019 #40

This is why health insurance should NOT be tied to employment. Freethinker65 Sep 2019 #3

YES ON THIS!! shanti Sep 2019 #8

The UAW will not agree to be covered under MFA MichMan Sep 2019 #10

MFA that Want It. If the UAW can negotiate something better in their contract, fine. Freethinker65 Sep 2019 #11

Exactly! mysteryowl Sep 2019 #12

You hit the nail on the head. N/t geardaddy Sep 2019 #17

I couldn't believe that they still earn money while striking. BigmanPigman Sep 2019 #4

Money they paid into a strike fund for just such an event. marybourg Sep 2019 #6

The company isn't paying them. The union has a strike fund. WhiskeyGrinder Sep 2019 #7

there is a small strike fund and it will quickly be exhausted. UAW is always willing to sacrifice beachbumbob Sep 2019 #9

This message was self-deleted by its author geralmar Sep 2019 #32

Interesting. BigmanPigman Sep 2019 #34

This message was self-deleted by its author geralmar Sep 2019 #36

I remember my grandmother BigmanPigman Sep 2019 #37

This message was self-deleted by its author geralmar Sep 2019 #38

I wish he could make tRump disappear! BigmanPigman Sep 2019 #39

Freep article: demmiblue Sep 2019 #5

the union has built up quite a big strike fund so they are prepared for corporate tricks. nt yaesu Sep 2019 #13

Oh, yes. Only in America! PoindexterOglethorpe Sep 2019 #14

Pretty standard fescuerescue Sep 2019 #15

What a bunch of crap wallyworld2 Sep 2019 #16

Depends on the company fescuerescue Sep 2019 #20

Post removed Post removed Sep 2019 #18

????? lunatica Sep 2019 #21

GM knows how close to the bone most workers are and the huge costs of med care. Evolve Dammit Sep 2019 #22

and GM knows because they worked so hard to put workers "close to the bone" Hermit-The-Prog Sep 2019 #30

Have you seen the movie "The Corporation"? Won 32 international awards. Very good. Evolve Dammit Sep 2019 #31

Not unexpected... brooklynite Sep 2019 #35

This message was self-deleted by its author geralmar Sep 2019 #42