A while back, I put up a pair of posts examining the factors to be weighed by people faced with a choice between continuing an employer-sponsored health plan via COBRA or buying a health plan on an ACA exchange. Once case involved a couple, ages 62 and 57, navigating a simultaneous retirement and divorce. As both are subsidy-eligible, an ACA plan yields big savings. The other involved a single New York-based 31 year-old who's been continuing good coverage via COBRA and is at the edge of subsidy eligibility. An ACA plan would slash his monthly fee considerably, even without subsidy, while offering more restrictive coverage.
COBRA or the ACA? cont.
COBRA or the ACA? cont.
COBRA or the ACA? cont.
A while back, I put up a pair of posts examining the factors to be weighed by people faced with a choice between continuing an employer-sponsored health plan via COBRA or buying a health plan on an ACA exchange. Once case involved a couple, ages 62 and 57, navigating a simultaneous retirement and divorce. As both are subsidy-eligible, an ACA plan yields big savings. The other involved a single New York-based 31 year-old who's been continuing good coverage via COBRA and is at the edge of subsidy eligibility. An ACA plan would slash his monthly fee considerably, even without subsidy, while offering more restrictive coverage.