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They should all be eligible for COBRA, but COBRA is pretty insanely expensive (which is hard to pay for if you're striking and don't have a regular income - especially if you don't have much money in general like most grads). And people weren't actually informed their healthcare would be cut so they weren't aware they'd need to apply for bridging coverage.


COBRA is the real cost of healthcare insurance, which is hidden because the employer pays for X % + because the employer and employee both paid with pretax dollars (something that is not possible for COBRA since you are now a former employee)

Its not that COBRA is expensive, but that all tax-subsidized employer insurance is prohibitively expensive and typically costs 15-25% of the median worker's after-tax earnings

Healthcare insurance subsidies by employers are the biggest piece in wage increases... that are hiding from most "wage growth" statistics


I've been on COBRA a couple of times:

1. For young, single people, especially if they have the option of a high deductible plan, I wouldn't call it "insanely expensive" (now, family coverage I'd agree). In any case, what the sibling comment said is correct - it's just the full cost of the premiums since the employer isn't paying any.

2. Every time I went on COBRA I had a "grace period" of something like 4-8 weeks between when I left employment and when I had to make my first COBRA payment. Even if, for example, I got injured before I decided to officially sign up for COBRA, I still had the option of gaining coverage backdated to the date when I left my employer if it was before the end of the grace period.




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