Not having continued health insurance is the most worrisome part about losing my job.
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This is another option
https://www.onesharehealth.com/memberships
Folls, I took a package 3 yrs ago after 19 yrs and it was very lucrative. Please try not to worry too much. They even paid 6 months of the Cobra. you technical guys will get hired fast!
I should add that I pay $2500 for 3 people (my wife, myself, and 1 kid). UnitedHC, VSP and Dental. It's the 1 kid that is k–ling me....but I priced out similar plans on healthcare.gov and the pricing wasn't any better.
It's expensive....and not 100% equal to the employee plan. Even after my deductible is met, I still pay 20%. And since I still have 1 kid on my plan, I'm paying $2500/month.....highway robbery.
For those >10 years of service there is the Cisco Retiree HC plan. Not sure on costs but that should become clear enough shortly.
I thought the Cisco Retiree Medical Access Plan (RMAP) was eligible to any employee with 5 yrs of service and was over age 50. Is the 10 years of service for those under 50?
The rates are basically the same as employee costs, but I don't think you get the Cisco contribution and you pay the full 100%. How it makes it better than COBRA, I don't know unless it's the fact that you can stay on it until you are eligible for Medicare/Medicaid instead of the 18 month limit that COBRA has.
As long as you enroll in one benefit, i.e. vision plan, you maintain your eligibility and you can change your benefit selection during each open enrollment or if a life changing event occurs such as losing your job and you can then add health/dental/etc. Once you drop all the coverages, you are not eligible to re-enroll.
I have the retirement insurance and it is expensive 1038 a month includes UnitedHealthcare, VSP and Dental.
Cisco Cbra on avg 800/ person
Thank Goodness I live in Massachusetts. We got Tufts health plan for less than $40.00/mo.
Both my wife and I are ex cisco both had over 10 years. THis is the plan we found, it is outside the government insurance(thank god) https://hipnation.com/?_vsrefdom=cmdg&gclid=EAIaIQobChMIkp29qJWY6wIVDb7ACh15rAODEAAYASAAEgJKWfD_BwE