Thread regarding Sabre Holdings layoffs

be careful about cobra options in severance

a coworker sent me this basically if we take cobra subsidy then we can't get insurance on marketplace after. sabre knows this is going to mess over a lot of people. but if we don't take the cobra subsidy they save millions, and if we do then we get stuck on cobra paying thousands per month unless you find a new job. this is really not good for us.

https://www.bsk.com/news-insights/employers-offering-subsidized-cobra-to-employees-should-be-aware-of-the-subsidyrsquos-impact-on-an-employeersquos-ability-to-enroll-in-marketplace-coverage-when-the-subsidy-ends

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| 1535 views | | 1 reply (July 27, 2020) | Reply
Post ID: @OP+15XhW4B8

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Not true, you just can't wait until the subsidy runs out to switch. You have 30 days from termination date. Take the subsidy for 29 days then switch.

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Post ID: @clkk+15XhW4B8

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