Jr712
Jr712 OP t1_iuaw0ib wrote
Reply to comment by kepler1 in Starting a new job in Nov or Dec. Family has high medical costs and we've met our OOP max this year. Am I best off using COBRA until EOY? by Jr712
Yeah I need to confirm if I can separately decline coverage for the rest of this year and just enroll for next year starting in January. Is that the main potential issue you’re seeing?
Jr712 OP t1_iuaqpeo wrote
Reply to comment by kepler1 in Starting a new job in Nov or Dec. Family has high medical costs and we've met our OOP max this year. Am I best off using COBRA until EOY? by Jr712
From what I’m reading you can’t have COBRA if you’re also receiving coverage through an employer. I believe when I start the new job I should be able to decline coverage for the remaining days in 2022 thus qualifying me for COBRA and just enroll for coverage starting in 2023 at which point COBRA would be dropped.
I’ve never done this so if I’m making any bad assumptions please let me know.
Jr712 OP t1_iuaflwv wrote
Reply to comment by AmazingAtheist94 in Starting a new job in Nov or Dec. Family has high medical costs and we've met our OOP max this year. Am I best off using COBRA until EOY? by Jr712
I see. Well there’s really no need to wait and see in my case. My child receives daily therapies which cost about $2k per week. It’s consistent and never ending. So we might as well immediately sign up for the Cobra.
Jr712 OP t1_iuafjtt wrote
Reply to comment by kepler1 in Starting a new job in Nov or Dec. Family has high medical costs and we've met our OOP max this year. Am I best off using COBRA until EOY? by Jr712
I see. Well there’s really no need to wait and see in my case. My child receives daily therapies which cost about $2k per week. It’s consistent and never ending. So we might as well immediately sign up for the Cobra.
Jr712 OP t1_iu9xfpz wrote
Reply to comment by Topher_86 in Starting a new job in Nov or Dec. Family has high medical costs and we've met our OOP max this year. Am I best off using COBRA until EOY? by Jr712
You still have to pay for it during that time right?
Jr712 OP t1_iu9izln wrote
Reply to comment by Topher_86 in Starting a new job in Nov or Dec. Family has high medical costs and we've met our OOP max this year. Am I best off using COBRA until EOY? by Jr712
I haven’t made the switch yet but I anticipate that if it happens it will likely be around Dec 1st.
I am familiar with the new employers benefits as I have friends who work there and know for a fact that their benefits renew on 1/1.
Jr712 OP t1_iubb5mq wrote
Reply to comment by dcdave3605 in Starting a new job in Nov or Dec. Family has high medical costs and we've met our OOP max this year. Am I best off using COBRA until EOY? by Jr712
Unfortunately my income exceeds that programs limit.