Comprehensive COBRA Insurance Information

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COBRA Insurance Premiums

Posted on: November 28th, 2011 by Cobra Insurance Guide

Nurse and PatientAn important part of anyone’s decision making process with COBRA insurance is understanding COBRA insurance premiums.  Here is a list of important things to know about your COBRA health insurance premiums.  Learn how to calculate your COBRA insurance premiums here.

  • COBRA insurance premiums are the full cost of the health insurance plan, without any employer help
  • COBRA insurance premiums usually cost up t0 80% than what an employee is used to paying
  • COBRA insurance premiums include a 2% administration fee
  • If COBRA premiums are not paid on time then the plan will be cancelled in most cases
  • You must pay the premiums for the entire retroactive period when you sign up

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