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What Employers Need to Know About COBRA Coverage for Terminated Employees
Mintz Link to more items from this source
Mar. 11, 2019
"There are many reasons terminated employees are choosing COBRA over other insurance options. Some do not want the hassle of purchasing marketplace coverage, or see few appealing marketplace choices. Others simply prefer the devil they know -- after all, why risk buying a new plan which may not cover needed services and preferred doctors, or might have terrible service? Moreover, some individuals are offered subsidized COBRA as part of a severance package, or are courted by a new employer who is willing to pay COBRA premiums for coverage under the former employer's plan."

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