A while back I compared my COBRA benefits from my previous employer, versus what I could expect from healthcare.gov or Obamacare. Both were pretty comparable, but since I could continue paying my lower cost, it was worth it to keep what I had.
Well, pretty soon I will lose the employer match, since my severance is going to run out in the near future. That means I will have to pay the full premium for my COBRA insurance. I checked out the healthcare.gov site and compared all the plans. I’m not eligible for subsidies, so I would have to pay the full price for those plans as well.
Actually, the premiums for comparable plans for each are approximately the same. Still expensive!! Shocking to me that the premium for a high deductible plan for a single person in excellent health would be over $400 a month!! That’s what my COBRA payment is going to be too though, so planning on just sticking with it until I can find benefits with a new employer.
