[quote=bearishgurl]
I, too am a “local” govm’t “retiree” but will never avail myself of their health benefits as, in my case, they are priced at (expensive) COBRA rates. [/quote]
I don’t want to take this too far off topic, but this is the 2nd time recently that I’ve seen COBRA rates described as expensive. They are, but health insurance is expensive. Premiums are limited to 102% of what the employer was/is paying. So there is no substantial COBRA insurance premium over other medical insurance rates. If the emplyer got a good deal, the separated employee does too. (Provided the plan is age rated. If not, i.e., the employer paid flat rates regardless of the employees age, then younger separated employees would pay more, older separated employees would pay less.)
