Thread regarding Intel Corp. layoffs

Cobra coverage, is it Intel paid or not?

I was ISP'd, I thought Intel was going to pay for Cobra coverage. I received mail that sounds like I have to pay for it. Am I misunderstanding something?

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| 1391 views | | 11 replies (last November 17, 2024) | Reply
Post ID: @OP+1vvyUzT0

11 replies (most recent on top)

I followed the steps to 1) enroll in cobra + 2) elect coverage plan.
AFAIK, all Cobra premiums are paid for by Intel for 12 months.
For the remainder of 2024, you don't have a choice and can only continue whatever coverage plan you had in 2024.
Now, for 2025 (starting on 1/1/2025), you can select a different plan if you'd like.
If you are under a HDHP plan in 2024, I strongly recommend you switch to a PCP/PPO plan instead since AFAIK, intel will cover the premium cost 100% no matter which plan you elect (In my particular case, Intel will pay about double what it would've paid for HDHP premiums for 2025!! This is a huge benefit IMO!)

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Post ID: @2txh+1vvyUzT0

Intel pays for up to 1yr of coverage.

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Post ID: @1xub+1vvyUzT0

@1ubx+1vvyUzT0 - you’re wrong.

Sep 30 VSPs were auto-enrolled.

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Post ID: @1mer+1vvyUzT0

Intel does not auto enroll in cobra??

How do you do this?

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Post ID: @1ubx+1vvyUzT0

Intel pays for COBRA.

Get ready for a bunch of confusing / conflicting info to follow. I also believe that Intel auto-enrolled you in CoBRA despite the app still telling you to enroll.

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Post ID: @uvc+1vvyUzT0

Whether you pay or intel pays, you still need to enroll.

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Post ID: @tif+1vvyUzT0

It depends on your age.
If older, they give you cash, if not they pay it for you.
I think they give cash if you are 65 or oldet.

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Post ID: @opg+1vvyUzT0

You will get a statement from cobra monthly that shows paid in full.

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Post ID: @ouh+1vvyUzT0

I called the benefits center and confirmed that I don't need to pay premium
I suggest you call there and confirm

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Post ID: @iai+1vvyUzT0

It was in my USPS mailbox, not an email.

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Post ID: @dyj+1vvyUzT0

No, Intel pays the premium
What email was it? I didn't receive it

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Post ID: @ovk+1vvyUzT0

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