And what happens in the unfortunate scenario where you lose your job?
One of the reasons GM failed was huge cost of providing health care to retirees, no? Economic anarchy?[/quote]
I’m under my wife’s insurance, which is much better than what my company provides. We’re a small company, yet, what my company provide is on par with what I was offered to by a different company 6 years ago with similar premium. So, if we both lose our job, we can always get Cobra. If that runs out and both me and my wife can’t find a job, well, I guess we’re SOL. But then again, in this scenario, under the current laws, I don’t have to pay a fine for not having health insurance. Talking about kicking a man when he’s down.[/quote]
And that’s when you can sign up for govt sponsored insurance (if that happens). wink wink. the private insurance industry doesn’t want competition from govt sponsored one because it will be TOO affordable end users.
btw, Cobra is very very expensive. You probably shouldn’t plan on using it for more than a month or so…
