“Subsidized COBRA in Severance – What’s that?”
Sklover Working Wisdom
JULY 19, 2016
I signed up for COBRA healthcare continuation for my family. When the bill came, for family coverage all I had to pay for my entire family was $325 monthly. Concerned that there was a mistake, I called Human Resources, and was told that it was not the usual COBRA benefits, but “Subsidized” COBRA benefits. The Federal “COBRA” law gives almost all laid off employees a right to remain on their employer’s health plan for up to 18 months.