Thread regarding Qualcomm Inc. layoffs

COBRA benefits

Has anyone availed the COBRA benefits after leaving in May\June? Are the monthly premiums worth taking the benefit?

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| 1531 views | | 7 replies (last July 18, 2018) | Reply
Post ID: @OP+U59LWzd

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Take in account the Market place tax subsidy( if qualify),its income based so after subsidy it could be quite low/free. Those subsidies are not available for cobra

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Post ID: @8gig+U59LWzd

I believe date for check is July 24. Last day June 19 + 35 days.

Can anyone else confirm?

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Post ID: @7ujn+U59LWzd

HAve you all received the severance check?

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Post ID: @6jwy+U59LWzd

We signed up for the employee for Kaiser (wife has her own plan, no other dependents), both have vision and dental. Cheaper than going onto my wife’s plan at this time. Waived the Health Care Option as it was more expensive than all three combined, not sure if it saved us anything as it may be post taxes anyway?

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Post ID: @1icj+U59LWzd

I've signed up because for a single plan, it's significantly cheaper than the market. I figure I'll use my HSA account to pay the premiums. Hopefully, that's allowed.

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Post ID: @1trz+U59LWzd

Agreed. COBRA was cheaper than a market plan.

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Post ID: @nti+U59LWzd

Ask the Health Advocate service that Qualcomm provided to you to run a compare for you.

As example, the COBRA for familly is around $1200 / month. If you try to find exact the same type of healthcare from the Market place, it will cost you around $2000 - $2500 / month.

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Post ID: @fsi+U59LWzd

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