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Re: how much do I pay for COBRA Health Insurance?

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Posted by Fred on July 22, 2010 at 04:58:37:

In Reply to: how much do I pay for COBRA Health Insurance? posted by Jett on July 21, 2010 at 01:28:18:

Jett:

Plans may charge COBRA beneficiaries the same amount for the cost of coverage that active employees are charged. Usually, the COBRA health insurance premium amount includes the portion of the premium paid by the employee and the portion, if any, paid by the employer, plus a two percent administration fee. In the language of the IRS and the DOL, "the maximum allowable premium amount is 102 percent of the applicable premium." The administration fee may be increased up to fifty percent (or 150 percent of the applicable premium) in the case of a Social Security disability extension.

Fred

: Just got laid off, worried the premiums will be high since out company used to pay for most of the health care. How do I know what to send in for the premium every month?

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Re: Re: how much do I pay for COBRA Health Insurance? Cindi 15:44:25 7/22/2010 (0)

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Subject: Re: Re: how much do I pay for COBRA Health Insurance?

Comments:
: Jett: : : Plans may charge COBRA beneficiaries the same amount for the cost of coverage that active employees are charged. Usually, the COBRA health insurance premium amount includes the portion of the premium paid by the employee and the portion, if any, paid by the employer, plus a two percent administration fee. In the language of the IRS and the DOL, "the maximum allowable premium amount is 102 percent of the applicable premium." The administration fee may be increased up to fifty percent (or 150 percent of the applicable premium) in the case of a Social Security disability extension. : : : Fred : : : Just got laid off, worried the premiums will be high since out company used to pay for most of the health care. How do I know what to send in for the premium every month? :

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