#1 - No severance if you’re fired for cause
# 2 - save money on payroll
# 3 - give them COBRA, but they will pay unsubsidized premiums for health insurance
Posts mentioning hashtag #cobra
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Mention #cobra in your post to continue the discussion!
Severance Packages
I’m hearing conflicting info about what the severance package will be for the upcoming layoff population. Will it be the same as those who decided to leave?? Feels wrong to give ppl who decided to leave the same as ppl who actually still want their jobs. And specifically the insurance/COBRA. Will it be subsidized thru to the end of the severance term?
Finally got the paperwork signed...
After 3 weeks, the separation agreement is finally done. Dell is covering 2 months of COBRA insurance (they cut us off a full week BEFORE he was laid off).
How long did it take for y'all to get health insurance reinstated? We're in OKC and I've been without medication for a month now. It's way too expensive to pay out of pocket (thousands). I'm afraid it'll be too late to use it by the time they reinstate & backdate it.
Benefits after layoff question
My husband signed his severance paperwork yesterday (after waiting for 3 weeks for them to get it to him) and they agreed to cover 2 months of COBRA.
How long did it take for them to reinstate the coverage after you signed the paperwork? They canceled ours a full week BEFORE he was laid off. (They claim they are "looking into it") But I haven't been able to refill medications ($$$$$) or go to appointments for almost a month now. I fear they will reinstate it too late for us to be able to use it - with the backdating.
Eye Infection
Signed up for COBRA today, after Oracle delayed for too long sending the details on that. They said technically I don't have insurance until the provider is notified that I have signed up, and that can take up to a week (retroactively I am covered). So don't delay on COBRA to avoid having to tell your story to your doc and the billing dept.
Also, seems there is lots of action in the COBRA company and they are very, very busy. Good thing the government is shut down so the unemployment data is on hold while the captains of industry rake in their hundreds of billions.
Severance Agreement timeline?
Husband laid off over two weeks ago from Dell and still getting excuses about paperwork delays. We're in a limbo holding pattern. No idea of the insurance/cobra (they also cut off our insurance a week before he was laid off). Nearly 19 years of work...to treat him like this.
COBRA Coverage
Putting this out there to hopefully save anyone who may have fallen into the same predicament I just found myself in. If you're like me, because I was told FIS covers COBRA for 3 months, you selected all the same options that you had while employed, health, dental, vision, etc. Be aware, FIS does NOT cover vision. You need to access the Health Equity Wage Works site and pay the vision amount if you have not already. Until you do so, no paperwork will be submitted by Health Equity to notify of your medical (including CVS) or dental coverage, leaving you without any medical or dental insurance.
Cobra coverage
The separation letter says that Oracle will pay for 1 month of Cobra insurance and that's retroactive to the termination date. Does anybody know if that includes dental and vision as well?
WFR and Cobra plans
Hello - can anyone help to dispel the CORBRA for WFR. Do we get CORBRA sponsor from Juniper/HPE for 4 months, or do we have to pay the full amount from our pocket? I don't see clear information regarding COBRA. Thanks
COBRA Cost - US ??
With existing medical condition, I am trying to figure out the cost of COBRA. I currently have United PPO + Dental + Vision insurance. Any pointers on how much will be my contribution going forward ? I took no break & started applying left,right & center. No interview calls from any potential employers.
Regards
COBRA Questions - After Layoff's
With the brutal layoff's , I am also one of those unlucky one with close to 30 years of hard work & dedication. Anyway, hope someone can shed light o my questions below. I am based out of CA
With COBRA , Could I choose only dental & eye insurance ? I maybe wrong, medical insurance from Obama Care plans could be cheaper that COBRA. I don't see an option to just pick Eye & Dental plans.
Second question ... looks like COBRA plans could be added within 6 months of layoff's ? If I pick COBRA plans say after 4 months, does it start from that day & continues for 18 months OR no ?
Third question ..Assuming I take COBRA plan for this year, do I get an option to pick a different medical plan during Open Enrollment ?
Fourth Question .. Arag & life insurance plans are history now ? I am sure that's true
Lastly, what's everyone doing for medical plans in Lieu of COBRA offer ?
Volunteer Severance Package -VS- Severance Package in Novmember
It seems that they will be covering our healthcare costs (by paying the difference on COBRA) starting from the severance package in September. Does anyone know if we will receive the same healthcare support if we get laid off in November? From what I've heard, they typically cover it for about a month or two after being laid off.
Also, why wouldn't they promote the subsidized COBRA plan to encourage people to consider this option if the November severance package is less favorable?
What does subsidized cobra mean?
I'm considering the severance package but am wondering if anyone knows what subsidized Cobra means? I assume our bi-monthly payment towards health insurance would dramatically increase? Especially when a family is on your account?
first month COBRA
Does Oracle pay for the first month of COBRA 100% or the same percentage as if you were a regular current employee?
I understand after the first month of separation, you are 100% responsible for monthly COBRA premium, which can be $2000+/month for a family plan.
COBRA options
Can I select just the dental and VSP for COBRA and not medical?
What will you do after Cobra expires?
Is that still the best option to continue with or are there any good alternatives?
Love Letter from HR Post Exit
Left the company 6 months ago due to RTO and a $10k base cut was the cherry on top. Received all exit paperwork, Cobra, Fidelity as expected.
This month I received a love letter from HR claiming in June they identified a mistake they made allegedly overpaying me. The letter sent includes instructions to send them just under $2000 lol. Zero explanation or supporting documentation with pay stubs or commission statements. WTF 😂
If I get a contract, can I keep my health indui
Recently let go.
If I get a consulting/contract gig, can I maintain my WF insurance during the duration of the severance period?
Cobra premiums
Was covering cobra premiums part of severance?
Anyone know how much COBRA costs this year?
I suppose it varies by region. I've looked at the Obamacare policies and even the platinum plans are lousy.
Over 65: Dell / Medicare / COBRA
If you are 65 or older, sign up for Medicare (Parts A and B) even if it means paying the income-based surcharge. If you lose your job, Medicare will only begin on the first day of the following month, and it can take time to get supplemental plans in place. COBRA will not cover you once you are eligible for Medicare. If you have an accident or a serious illness during that gap, you could be left without any coverage.
This sums it up well - tagging it #COBRA
COBRA coverage is expensive, but still cheaper than what it would be if you had to buy your own under ObamaCare (unless you end up in a subsidized situation). I just switched over from COBRA to having to buy regular insurance; my rate is higher and the coverage is lower.
COBRA will include your vision care, which, in the US, covers one pair of glasses per year. It doesn't depend on the date (e.g., it can be less than a year since your last pair), so if you end up with COBRA, get your glasses before COBRA ends. Our vision care is great... take advantage of it.
Medical insurance and COBRA Question
Is #Lowes going to discontinue our medical insurance the same day we are laid off (I am pretty sure I am gone, just my gut feeling)?
Does anyone know many #gold coins #COBRA is going to cost me per month and if I need to insure my whole family?
And does COBRA cover medical insurance only, or vision and dental insurance as well?