#healthinsurance

I am so worried. My husband needs our medical coverage very much. I love my job, my role, my peers, my PL. I have been so happy for over a decade. I get good annual reviews and am worried if they go by dollars, I might be on the higher end of my pay scale and therefore easy to be picked to layoff?? Punished for being a good employee for a long time. Wouldn’t that be something. 😔

What is included in severance, if anything?

That seems to be the modus operandi with Dell now. Show up Friday morning only to be told that today is your last with the company after decades employed with the company.

Why can't they let long term employees know they'll be laid off ? Especially employees at or near retirement age. So I treat every Friday as if it's my last. But it sure is tempting to simply leave now.

The only reason for my staying is for the cheaper cost of health insurance, which I'm still carrying our older kids on, and a better retirement lifestyle. But yeah, I treat every Friday expecting it to be my last.

Have you been laid off from OoenText in the US and taken the COBRA option for health insurance? If so, can you share cost info? Thanks!

Was there for quite a while paid upwards of $1300 a month for many many years.

Deductibles were high, even on the plan where they deductible was the least amount.

Prescriptions were expensive, even with that insurance.

Post Baker Hughes I’m coming to realize that their insurance was not all that great..

Now at a different employer with their insurance, it’s 1/3 cheaper per month deductibles are very, very low and prescription medicine is cheaper.

I apologize if this has been asked already, but I could not search by subject. This question is for anyone who has received their final severance pay Did you receive any information regarding Cobra once severance ended? Has anyone signed up for Cobra once your severance benefits ended? Thank you.

I stay because the health insurance covers my kid's therapy and the commute is only 20 minutes. My manager is clueless, but my three teammates are sharp and we cover for each other. Why would I start over somewhere else that'd probably have the exact same issues and no seniority?

https://www.business-standard.com/companies/news/cognizant-bags-multi-million-dollar-deal-from-us-health-insurer-centene-126072101329_1.html

The air is terrible here in Chicago. Why haven't they closed the offices?! They care about our health right? Nope, swipe that badge!

For retirees or those who are past the age of 55, what was your net pay raises in last 10 years, what do you estimate as the net value of the retiree health insurance?

Why is no one talking about how bad the new plan is with United Healthcare? I don’t know what I did to make Abby hate me so hard but seriously this is the insurance company we have a contract with?!?!

This regime tried nothing and is all out of ideas. MFN would have stayed in Washington and fought for not only us, but also everyone on ACA so they woulld have affordable healthcare.

To all my peeps who were treated with disloyalty by Humana and forced out, keep in mind open enrollment for Medicare Advantage plans is just around the corner, beginning October 15th.

So, be sure to give you best sales pitch on social media and to all your elderly friends to why Traditional Medicare is better and why they should switch over this year and drop Medicare Advantage.

Let’s face it, we all really knew Traditional Medicare was better, especially in regards to what health insurance should be most concerned with, which is covering a person in the unfortunate situation where they have a catastrophic health issue. Not about dental or vision appointments.

Do you people pick between these two or get your own Healthcare plan? Which ones if you do? What is this bullsht about meeting a high deductible with UHC not covering a tiny percent until you meet the deductible?? What a clown show.

Microsoft is providing laid-off US employees with a generous severance package. The offer includes up to 39 weeks of base pay, determined by seniority and tenure. Employees will also receive continued stock vesting for a period of six to twelve months. Health insurance coverage will be paid for six months, with an option for extended COBRA coverage. These terms are comparable to previous voluntary buyouts, with slightly shorter health benefits.

https://www.businessinsider.com/microsoft-severance-offers-layoffs-plan-2026-7

Has anyone taken the Nike paid COBRA coverage? I signed up for it today but it's alarming that in the Wageworks system it says "participant paid" and I'm on the hook for a $2400 monthly bill to cover everything for the 4 members of the family. Are we supposed to pay and get reimbursed or does Nike pay directly? If they pay directly how long does it take? Kaiser let us know that we are canceled and we're wondering how long before we're reinstated.

I just read that the Office of Personnel Management (federal government) sent VSP's to their health insurance sector yesterday. The whole system might collapse. This is no good.

If I don’t elect the Cobra coverage, will I receive the money that I would have paid toward my regular medical coverage in my lump sum?

CDW isn't what it used to be. Worse culture, worse pay, with constant cuts on top of it. So why do you stay? For me, it's health insurance. That's the only reason.

I'm trying to plan ahead in case the worst happens. What do people do about health insurance after they're laid off? Is there COBRA? Are there other options? I'd really like to know what to expect.

I think all of them are crazy. Who would want to stay in this mess? Okay, I can understand some people who are worried about health insurance and stuff like that, but isn't that going to be just as much of a problem if they're laid off after VSP is wrapped up?

Can someone please share the terms of the latest LR packages? Looking to understand how many months pay / year of service, how long health care runs for, what happens to RSU's etc.

Are you seeing the rates being subsidized ? The paperwork said cobra will be subsidized to what one paid as active employee for the x weeks of severance. Cobra paperwork has a scandalous $ for indi+ family. Any leads on how you addressed this ? TIA.

then allow the health insurance premium to remain as it is. people are hanging around for health care.

For the severance it stated should still be covered 60 days from notice with health benefits but from my spouse they're saying they have no coverage at all

Is anyone else having issues with medical coverage issues?

Just got the notice Cigna will not cover Zepbound for its employees for weightloss effective 7-1. Feels like the ultimate bait and switch: “join our program, use Omada, we cover your medication cost for this lifetime
Med!!” 2 years and 100lbs later “just kidding- you can pay $500 per month cash pay, it’s accessible now!”. Between layoffs, benefit downgrades, verint, stagnant wages I feel like I’m actually losing money working for this company not making money lol. Anyone else feel like they are paying for the “luxury” of working here? Maybe they’re just hoping we regain the weight and unalive so they can save money without additional layoffs

Remember that survey we had to fill out? What will be the changes? So many people speculate that Schwab will discontinue the health plan, give people a fixed sum, and let people find their own insurance.

I never confirmed nor signed up for COBRA yet somehow I am still getting billed for something. I was laid off here and wanted to just leave in peace but WTF is this company giving me more reasons to get angry?

Does anyone know how/where COBRA payments are made once our insurance transitions? My garden leave ends in June 1 and I really don’t want O decimating my final payout for the COBRA.

PacificSource Health Plans will exit the Affordable Care Act marketplaces. The company will not participate in the health insurance exchanges next year. It is also withdrawing from Montana operations. PacificSource is a nonprofit health insurer. Approximately 30,000 members are currently on its exchange plans.

Montana

http://www.modernhealthcare.com/insurance/mh-pacificsource-aca-exchanges-montana/

Any Cisco retirees using Cisco RMAP health insurance plan? Can you share the premium you are paying and how you like/dislike it?

Those of you laid off, what are you doing for Medical Insurance?

With the healthcare.gov marketplace prices having gone up significantly, as well as COBRA cost on the individual end's increasing - what are you doing for insurance / paying a month for Medical Insurance?

Lowest monthly premium on healthcare.gov is $200 or so higher than COBRA in my case, so i guess COBRA is the way to go in my case while severance is still being paid.

COBRA is tough though, if you cancel the month prior to severance ending to avoid paying for COBRA at full price and you are not in the Enrollment Period - you go without insurance for a short time until you can enroll?

What a joke the whole concept is honestly. Getting the shaft from multiple angles so wondering if anyone has thought this through.

Health share? Insurance less? Finding any job with benefits to avoid paying full premiums for medical insurance?

Let's hear your options all you titans of the Healthcare industry!!!

Severance payment of 16 weeks plus two weeks for every year of completed services, minus your notice period. Please see the cover sheet of the attached Separation Agreement for more details on this calculation.
Payment of COBRA (health insurance) premiums for you and your family (if they are dependents on your current plan) for 18 months.

OP: @ap+1ks3r72xt

Bumping this up for visibility.

Layoff email from Meta says:

Payment of COBRA (health insurance) premiums for you and your family (if they are dependents on your current plan) for 18 months.

From my friend I heard, Oracle is just paying 1m .

Question for those of you who have been impacted by a layoff recently: I understand that you receive a call/ meeting with HR and you are separated that day. How long after that date did you receive your regular pay (not any severance)? Also, how long did benefits continue, specifically health insurance? Thanks!

H1B and J1 visas ki-led Spirit Airlines!!
Is Ford next??
Ford is full of full of Visa folks and laying off locals.
My friend list his daughter who was fighting with cancer as his position got replaced by H1B. And he lost insurance after severence.
Is there a way to stop this??

What's the situation here when you're laid off? I have a kid who needs regular prescriptions and I can't afford to lose coverage. When I was let go from my old job, COBRA let me stay on the company plan but I was paying the full premium plus two percent, which was not cheap. I'm hoping there's a better option here.

Any of the recent VSP retirees have any luck getting your welcome packet from HealthEquity who is supposedly administering our HRA accounts? We were supposed to receive it in April, but I have yet to get anything from them. I did purchase a Carefirst plan on the exchange, so I’m trying to get my reimbursements started? Thx

Has anyone had experience with using COBRA when severance ends? From what I read, there is a gap between the last official date and getting COBRA information, and you get retroactive coverage once you pay your premium.

Please let me know your experience.
Thanks!