Thread regarding Intel Corp. layoffs

People here think intel is paying your cobra

Ummm no you pay cobra

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| 1512 views | | 16 replies (last August 25, 2024) | Reply
Post ID: @OP+1tPj8waf

16 replies (most recent on top)

I was accepted into the Enhanced CPM voluntary severance with intel with an exit date of August 15th, 2024. However, I received a letter from Intel yesterday, saying that I need to enroll in COBRA. When I login to the website provided in the letter, it asks if I want to enroll, and my cost is _$1700.00 a month, so I am confused. I am hoping its just an auto generated letter for people leaving Intel, and that Intel is still covering the cost of COBRA, for the next 18 months.

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Post ID: @muao+1tPj8waf

Call HR if you need the login info. Unless you never even worked there?

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Post ID: @mwor+1tPj8waf

I took VSP last year and I assure you, Intel is paying my 1900 dollar per month family COBRA.

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Post ID: @mujj+1tPj8waf

What is the login to see that Intel is paying your COBRA? Thank you.

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Post ID: @mayw+1tPj8waf

Ummm yes, Intel does pay for cobra if a package was given to you.

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Post ID: @xvw+1tPj8waf

They pay. They are paying mine. I can log into a website and look at what they pay each month.

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Post ID: @jdu+1tPj8waf

They give you 10K to pay for cobra payments. No wonder you are getting dismissed. sheesh.

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Post ID: @vyj+1tPj8waf

In general you pay cobra that is true. But part of the severance package clearly includes Intel paying the full cobra premium. This was stated and shown in slides in the Friday Q&A and in the FAQ. For CPM-AP and the ISP coming in Oct Intel will pay for Cobra for 12 months. For enhanced retirement Intel is paying for 18 months.

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Post ID: @gme+1tPj8waf

The package says they pay. Either they have it wrong or you can't fu---n read

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Post ID: @pte+1tPj8waf

Some can read, some can't. Those who can't, think they can, and create posts on thelayoff.com

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Post ID: @kps+1tPj8waf

It's in the q&a sessions and the payout document online. Intel paid. But that might vary by location.

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Post ID: @uxo+1tPj8waf

You could get an Obama care plan for $3000 a month with monthly deductible of $1000. It’s a good deal for Democrats.

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Post ID: @ote+1tPj8waf

The layoffs over a year ago they paid the Cobra premiums for the first 12 months of the 18 months that Cobra lasts. Doubt they will be as generous this time.

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Post ID: @ohm+1tPj8waf

Yeah, you need clarification on that before you click the fu--ing button. They don’t pay that you fu--ing pay that.

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Post ID: @hmp+1tPj8waf

This is exactly why we are failing

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Post ID: @lhv+1tPj8waf

Need clarification on that. For a lot of people that is a key piece

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Post ID: @cqs+1tPj8waf

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