Employers Could Save Billions Swapping COBRA For Obamacare

September 24, 2013
cobra exchange

  • September 24, 2013 at 1:45 pm
    Questionning says:
    Hot debate. What do you think?
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    3 – 2 – 1….negativity, skepticism, Democrat bashing Comments too follow… I thought you guys were more predictable.

  • September 24, 2013 at 2:31 pm
    Bubba says:
    Hot debate. What do you think?
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    Uh oh! Does FOX News know about this? No lunch hour for them today.. get to debunking… stay tuned..

  • September 24, 2013 at 3:00 pm
    Sally Ann Fannymaker says:
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    Wait a second… this can’t be true because Obama hates businesses, right?

  • September 24, 2013 at 3:41 pm
    Libby says:
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    Amazing how quiet it is on IJ when there is positive news about the ACA…

  • September 24, 2013 at 4:37 pm
    Captain Planet says:
    Hot debate. What do you think?
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    Do you hear that coming from The Right? #crickets

  • September 24, 2013 at 5:45 pm
    Ben says:
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    While I still believe that this act will hurt most working individuals, I do believe that this is a great, unintended (I only say that because it was never brought up as a selling point) side effect that will benefit businesses. I’ll add a hash mark to my tally board :)

  • September 25, 2013 at 9:12 am
    PM says:
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    So is BO care lowering costs or providing more government subsidies to lower premiums. I can’t speak for everybody, but we all want lower costs and better coverage. However not at the expense of growing the increase in govt debt. This is the primary issue with BO care. As a household or company, you do not stay in business when you spend more than you bring in. Its the same concept for the govt except they print money. The govt is not in default yet, but the value of a dollar is half what it was a few short years ago. Check the items the economists don’t consider in inflation: groceries,fuel prices, other staples that takes your money each month. Most have doubled and not because supply has decreased, but because the value of the dollar has decreased! Inflation!

    • September 25, 2013 at 10:25 am
      Captain Planet says:
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      Well, the government isn’t like a household or a company. A government is not-for-profit. Fuel prices went over $4.00 under the previous President as well. So, I’m not buying into inflation on gas. The price fluctuates with the market and the market is manipulated by the criminals on the stock exchanges. Some groceries have gone up while some have gone down. I can tell you, the price of beef has gone up becuase the price of grain has increased. Not because of the value of the dollar, but strictly as an effect from the results of agribusiness. Here in the Midwest, we have had drought for 2+ years running. We grow most of your corn. Drought impacts the yield. Less yield, higher price/bushel. The farmers and more importantly, the corporate farms are going to get theirs one way or another. So are the cattle auctions, so they charge more for the animal and you end up paying more for your T-bone. Watch the price of grain, it usually dictates what you are paying in the grocery store. Not the value of the dollar. Mainly becasuse, corn is in just about everything you eat in some fashion.

  • September 25, 2013 at 12:45 pm
    Libby says:
  • September 25, 2013 at 2:06 pm
    Sargeant Major says:
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    While this is good news for employers and I suspect unintended, this could be just a cost shift in expense. The article says “could” not will. Most people don’t stay on Cobra due to cost and go into the private market anyway. Will it save billions, no one knows right now. Also, the savings to employers for Cobra will be more than offset by the billions in added cost/expense for employer healthcare plans and administration of those plans as well as the Cadillac tax on what is considered premium healthcare plans. Not to mention the added out of pocket cost to employees.

    • September 30, 2013 at 2:37 pm
      insurance102 says:
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      Sargent Major,
      Another good part about this law. Another provision that is good? It is greater regulation on medical centers on CON’s (Certificate of Need). In urban centers as well as suburban rural centers, this will greatly help to drive health care costs down.

  • September 30, 2013 at 2:51 pm
    Celtica says:
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    The COBRA element is a key reason I wanted access to Obamacare. When I took a voluntary rif in 2000, I took extended time off with savings and severance as the economic picture was very rosy then. However, when after my company benefits were exhausted (and which I had to contribute anyway), my COBRA portion for medical only for myself was $600 a month. In 2000. So I went without until I got back to work. Even with medical inflation, today’s rates are lower.

  • September 30, 2013 at 3:06 pm
    Paul says:
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    Premiums are only lower due to the wealth-transfer subsidies. What are the real rates minus the earned income health insurance credit?



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