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Yes. Last year, it cost me more than 25% of my pre-tax income and I couldn't use it because I was outside the State of California. Nevertheless, I was REQUIRED to pay for it if I wanted to be able to switch without a pre-existing conditions hassle when i bought insurance here. Federal law requires that you exhaust your COBRA coverage and re-insure within 62 days if you want to re-insure after losing employment without any new constraints by your new insurance company.
Did until I retired, the company didn't offer it for retirees.
This comment was deleted.
[1 point] 2 years ago by deleted user ReplyAm 64, have a year to go.
Yes. Last year, it cost me more than 25% of my pre-tax income and I couldn't use it because I was outside the State of California. Nevertheless, I was REQUIRED to pay for it if I wanted to be able to switch without a pre-existing conditions hassle when i bought insurance here. Federal law requires that you exhaust your COBRA coverage and re-insure within 62 days if you want to re-insure after losing employment without any new constraints by your new insurance company.
Nope. Don't need it here.