COBRA Health Insurance Costs: Here are the Numbers

If the Faculty Association goes on strike, the leadership noted that strikers are covered by COBRA. If the administration is really as malevolent as the FA makes it out to be, then assume a scenario where strikers are left paying the full cost of their health insurance.

How much would that be for a family of four? (For other household configurations, consult this chart. I have a family of four (three dependents) under Health Alliance Illinois. If I went on strike, the cost would be $1,803 + $102 for dental = $1,905. The COBRA rates are roughly the same for other plans.

For more information on COBRA, see

http://www.understandcobra.com/60-day-rule-in-electing-a-cobra.html

http://www.insure.com/articles/healthinsurance/cobra.html

As you can see from the second link, "it's complicated." But learn your rights.