Thread regarding Chesapeake Energy Corp. layoffs

Refer to your "COPY" of the Severence Benefit Agreement. There is a section that covers the Cobra information. To sum up, you will receive a lump sum to cover whatever your BCBS plan was for 30 days. You don't have to use Cobra if you have other benefits or if you just want to pocket the cash. Since today is the deadline for the SBA to me rec'd by CHK, you will most likely receive something in the mail next week from Cobra. If you've already paid for coverage with Cobra, your best bet is to contact about the possibility of a refund. Hope that helps.