estimation of COBRA cost please

Discussion in 'UPS Discussions' started by rellek, Mar 18, 2011.

  1. rellek

    rellek New Member

    In the New Jersey area, what would be an estimation of what I could expect to pay for COBRA for family coverage? Just a ballpark figure.

    Thanks guys
    Last edited: Mar 18, 2011
  2. satellitedriver

    satellitedriver Moderator Staff Member

    Base rate is about $1,300 a month, personal conditions vary.
  3. JonFrum

    JonFrum Member

    Not sure, but I thought the purpose of COBRA was to allow you to continue your current insurance at the same favorable group rates, for a year or two after you leave UPS. So you would pay the same rate as UPS pays, (as stated in your Contract Supplement,) plus 2% or so to cover the added paperwork.
  4. UnsurePost

    UnsurePost making the unreadable unreadabler

    It entirely depends on the circumstances and what the conditions of unenmployment are, among other things.
  5. menotyou

    menotyou bella amicizia

    I received coupons from the benefit fund for $240.00 per month. Single coverage, NNY area. You have to apply. It takes a few months for an approval, which you usually have to fight for. So, save your pennies, because when the approval does come, your union benefit fund wants their cash PRONTO!
  6. JonFrum

    JonFrum Member

    Rellek, have you checked you health insurance plan's Summary Plan Description? My plan's SPD has six pages explaining COBRA.