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Documents reveal AT&T, Verizon, Caterpillar and Deere are considering droping health care coverage

Debating with the enemy


 
 
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Old 06-15-2010, 04:12 PM   #20
mlmpetert
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Re: Documents reveal AT&T, Verizon, Caterpillar and Deere are considering droping health care coverage

Quote:
Originally Posted by Slingin Sammy 33 View Post
You were probably under COBRA, Schneed can give you the details about COBRA if necessary. In a nutshell, it's a gov't mandated that you can continue med coverage if you lose your job or get laid off. I think it only lasts for 18 months and you pay the premiums 100%.

As soon as your Dad is eligible for insurance under his new company, I'm sure your Mom will be covered.

COBRA can charge up to 102%, but i think there is currently a subsidy if he is currently unemployed. Also im pretty sure you can continue on COBRA coverage even if you start a new job with insurance benefits, as long as you dont use them. But if your family started COBRA in 2008 then its probably been about 18 months.
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