This ^^ I call it COBRA roulette. Except that it's always in your favor

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Jul 7, 2015
5:23:52pm

LaserCoug

This ^^ I call it COBRA roulette. Except that it's always in your favor

You've got 2 months where you go uninsured but if something happens you can retroactively pay the cobra premium and get it covered. I did that with my last job. They also had a waiting period to get insured. Nothing happened to anyone in my family so I got 2 months of insurance premiums in my pocket.

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LaserCoug

Previous username: (Private)
Bio page: LaserCoug
Joined: Dec 5, 2006
Last login: Apr 29, 2024
Total posts: 27,656 (9,883 FO)

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Messages

Author

Time

I have insurance.If I start a job at new company that has 2 month waiting period

viper

7/7/15 3:45pm

It use to be that you could go back and pay for Cobra if you had a problem and

RC Vikings

7/7/15 3:50pm

My dad did that in January

dmatt

7/7/15 3:59pm

Yes, you'll have to pay 2 months of ridiculous COBRA rates.

7/7/15 3:52pm

COBRA rates are the same as the regular rates

wapiti

7/7/15 3:56pm

Yes but with a big caveat

QuickCoug

7/7/15 4:04pm

So be sure to factor that in to your negotiation strategy

7/7/15 3:56pm

Or go 2 months without insurance

Twin Roots

7/7/15 3:55pm

I think you have 30 days to choose to go on COBRA

wapiti

7/7/15 3:58pm

You have a retroactive cobra option for 60 days

CocaColaRecovery

7/7/15 4:04pm

This ^^ I call it COBRA roulette. Except that it's always in your favor

LaserCoug

7/7/15 5:23pm

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