COBRA is a joke. Just another giveaway to the health insurance industry. They love it...You pay your premium for 20 years, then get divorced, and they get a free shot at dumping you just when you need help the most. This is another reason the OBAMA bill is necessary. The HMOS can stick COBRA up their ass. You are better off with nothing, go to public hospitals, and declare bankruptcy if you have an emergency.
Yes you do get taxed that 65 percent.. NOTHING IS FREE!!!..I work for one of the largest health care companies in this country.. and this is the most asked question...DAILY!!!! ask me!
In the state of california it is actually 110% of the normal premium that the employer was being charged..cal cobra is employer groups 2-19 employees..for an example.. If your employer was being charged $375 you will pay 10% on top of that if you elect cal cobra once you are laid off. If it is federal (20+) the most can be 102%.The stimulus is for 9 months once you elect, must be cancelled after 09/01/08.. and yes you will be 1099 for the 65% nothing is free, I know..I work for Anthem Blue Cross
That was awesome. Im about to get laid off so now I know exactly how cobra works. Is the 65% automatic unless you make more than 125k as an individual?
and so my friends americas health care just turned into a big a democratic party business. the end
just1believer 1 year ago
COBRA is a joke. Just another giveaway to the health insurance industry. They love it...You pay your premium for 20 years, then get divorced, and they get a free shot at dumping you just when you need help the most. This is another reason the OBAMA bill is necessary. The HMOS can stick COBRA up their ass. You are better off with nothing, go to public hospitals, and declare bankruptcy if you have an emergency.
tallcoolone1 2 years ago
These comments are treasonous- I am reporting you all to FlagatWhitehousedotGov
ObamaOrNoHealthcare 2 years ago
this videos are awesome..... really
edy0218 2 years ago
I don't think Heaven is no big golf course in the sky
doitnotagain 2 years ago
Yes you do get taxed that 65 percent.. NOTHING IS FREE!!!..I work for one of the largest health care companies in this country.. and this is the most asked question...DAILY!!!! ask me!
muaythai614 2 years ago
In the state of california it is actually 110% of the normal premium that the employer was being charged..cal cobra is employer groups 2-19 employees..for an example.. If your employer was being charged $375 you will pay 10% on top of that if you elect cal cobra once you are laid off. If it is federal (20+) the most can be 102%.The stimulus is for 9 months once you elect, must be cancelled after 09/01/08.. and yes you will be 1099 for the 65% nothing is free, I know..I work for Anthem Blue Cross
muaythai614 2 years ago 2
What the video does not mention is that you are taxed on that 65% as INCOME at the end of the year. All that glitters in not gold people.
ibkukin 2 years ago 3
they for get to tell you that is about 500 a month
for cobra
lashlaroo 2 years ago
or sometimes $900, ,it is totally worthless..
tallcoolone1 2 years ago
I love how it only has the good comments...
SpunjChan 2 years ago 2
COBRA COMMANDER
TheSemiAmericans 2 years ago 7
I knew someone was gonna write that! :D
SilVeRS1325 2 years ago
good to know
gamer226 2 years ago
Great video.
FamilyTracingVideos 2 years ago
The cost of COBRA without the government subsidy is so high that no one can afford it.
opensky999 2 years ago
GO JOE!
teppers 2 years ago
Bravo
Tarasbunba 2 years ago
COBRA commander
lollerman12 2 years ago
That was awesome. Im about to get laid off so now I know exactly how cobra works. Is the 65% automatic unless you make more than 125k as an individual?
rejer12 2 years ago
Very well done.
captainjimcook 2 years ago
if i sign up can i meet cobra commander hail cobra
ackofgod 2 years ago
Great video. I knew a little about COBRA before. I know more now. Knowledge is power! Go Joe!
Scrappy222 2 years ago
I wish all teachers at school would teach like this!!
Joey2Tube 2 years ago 7
Hard having teachers like this these days! LOL!
JPPT1974 2 years ago
COBRA
Rixxian 2 years ago
if i sign up can i meet cobra commander hail cobra
ackofgod 2 years ago
Awsome videos i learn a lot thanks man Keep it up!!!!!!! MORE VIDEOS!!!
sk8fresh22 2 years ago
u love these little talks, even tho i live in england lol
petofo 2 years ago