COBRA Update

Well folks here we are at the middle of the month, and only now are some people finding out about COBRA. In my post of 10/29/2008, an interesting comment came in which I want to highlight:

“I finally got my Cobra packet today – Nov. 14. It had a premium amount for Kaiser and something called HDHP. Of course there was no information about VSP. But I got lucky when Cheryl Vance (firmwide benefits) returned my phone call! She said the HDHP is an error anda to ignore it. She said if I want to include VSP coverage, to write it in and the monthly fee is about 8 bucks. I just ordered new glasses – wow, are they expensive nowadays – and my savings with VSP was about 50%. So I definitely needed to have VSP coverage at least through Nov. 30. If anyone else is interested in keeping VSP, just write it in and the cost for one month (single) is $8.12.”

Please tell us your experiences with COBRA and whether or not you’ve received your informational packet.  And while the cost for Kaiser or CIGNA might be through the roof, it might be worth it to pay the VSP portion and go get those new glasses you’ve been putting off.

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