Thread regarding Anadarko Petroleum Corp. layoffs

COBRA coverage

Has anyone reached the 6 month timeframe yet and got paperwork with option to elect COBRA?

I think it goes for 1.5 years after the 6 months. Is this process working?

| 1206 views | | 1 reply (last )
Post ID: @OP+13R5F9iv

1 reply

It will work because it is law. Just get ready to pay a lot each month for insurance. Maybe someday we will have better ways to cover people between jobs. For a family I figure it will be around 1800.00 to 2000.00. Try getting on the government plan and it is hard. Plus, they say there is no pre-existing issues, but there really are. If you went on a med within the last year you will not be covered for that med in a lot of plans. Also, don't forget you are not really getting insurance like car and home insurance, etc. The expenses are paid by Oxy/Anadarko as an expense, and Oxy/Anadarko just hire companies to admin the payout. My son is having to pay 546.00 a month for a single person on Cobra. It covers you, but the cost s—s. The whole health care thing is out of hand.

Post ID: @1edo+13R5F9iv

Post a reply