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Obamacare and COBRA Insurance

by on Sep 19, 2011

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COBRAhealth.com Obamacare aka the new health care reform law, aka The Patient Protection and Affordable Care Act, aka PPACA. COBRA may become useless, if the health exchanges are successful. If 80% ...

COBRAhealth.com Obamacare aka the new health care reform law, aka The Patient Protection and Affordable Care Act, aka PPACA. COBRA may become useless, if the health exchanges are successful. If 80% of employers end their group health insurance, COBRA is history. Fewer employees = more savings (per person) on health plan & COBRA admin cost. Higher premiums = lower COBRA participation. Obamacare requires employers to auto-enroll new hires into a health plan, giving them COBRA rights instantly. Fewer Insurers means less competition and higher COBRA premiums for participants. The CBO says health insurance premiums could rise 30%. COBRA is already unaffordable for most of the people eligible. People may quit more often, resulting in more COBRA administration.





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14 of 4 previous next Post a comment

  • andymcbride9 Andy McBride, Director of Technical Training at Loop1 Systems. What a bunch of bunk fear mongering. I have Obamacare, it costs less than my COBRA insurance by 38%, has zero deductable and $1500 max OOP. 3 months ago
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  • COBRADirect COBRA Insurance Direct at COBRA Insurance Direct Hi, take a look at the infographic we just created to learn more about COBRA insurance: http://www.slideshare.net/COBRADirect 1 year ago
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  • CraigJCasey Craig J. Casey at Craig J. Casey it gets worse. There are other areas Obamacare makes worse, 40% of doctors said they didn’t get to spend enough time with their patients to figure out what is really wrong with them, so they ordered tests and consultations to provide some of the answers. Except PPACA does not provide answers to get more care (more doctors + nurses to care for more patients), only adds to the rolls of insureds. 2 years ago
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  • CraigJCasey Craig J. Casey at Craig J. Casey Just wrote Obamacare and COBRA Insurance, 2 years ago
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Obamacare and COBRA Insurance Obamacare and COBRA Insurance Presentation Transcript