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Old 03-14-2017, 11:23 AM
 
809 posts, read 1,180,837 times
Reputation: 1600

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I did try posting in health insurance but no answers. We end our relationship with Cobra at the end of this month. Although expensive, it was a lot less than when I had ACA, actually, by $500, plus it was a great plan. I started the paperwork for ACA for us and needed the letter from Cobra stating insurance would be expiring. I received it yesterday and it stated that our state of SC has a conversion plan. I called the insurance company, which confirmed this, but they have absolutely NO info on it. Said that they will send an info packet which could take 2 weeks. I tried without any luck to call a few times to try to get some info on this...not only cost but is it the same type of plan we were on? I am afraid I am going to be under the wire here if I don't get it in time. I called an insurance specialist who never even heard of this conversion plan. She stated I have to sign up with ACA timely to protect us for April 1st.

Does anyone have any info on this? Anyone do a conversion plan? Thank you.
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Old 03-14-2017, 11:31 AM
 
106,579 posts, read 108,713,667 times
Reputation: 80063
my cobra ran out dec 31st . i got rates from the insurers directly and they were the same . but deductibles and copays are higher

my old deductible was 2500 now it is 4k .

i was paying 510.00 on cobra for myself now 501.00 in ny
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Old 03-14-2017, 11:58 AM
mlb
 
Location: North Monterey County
4,971 posts, read 4,448,689 times
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I would call an insurance broker in your state/city. They should know.

Or your state insurance commissioner.
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Old 03-14-2017, 12:14 PM
 
809 posts, read 1,180,837 times
Reputation: 1600
I did call an insurance broker...she had no idea. That sounded odd to me if you're in the insurance business! I will call around a bit and see if someone else can offer some insight.

Mathjak, I thought you went on ACA. Did you stay with your old insurer, even though copays/deducts were higher?

My plan now is UHC.
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Old 03-14-2017, 01:26 PM
 
761 posts, read 832,314 times
Reputation: 2237
My Cobra was $605 per month for medical and dental.
At the beginning of 2017 it was due to increase to
$637/month.

I dropped it completely and went the Healthcare
Marketplace route. For both medical and dental combined
my payment is less than $60/month.

The $500+ now goes towards paying other bills.
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Old 03-15-2017, 10:46 AM
 
3,217 posts, read 2,425,895 times
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From what I am reading on a Cobra conversion plan it just allows you to have coverage without proving you can be insured. The ACA takes care of that so I don't think they are necessary anymore. http://assets.aarp.org/www.aarp.org_...yers/COBRA.pdf
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Old 03-15-2017, 11:10 AM
 
106,579 posts, read 108,713,667 times
Reputation: 80063
Quote:
Originally Posted by saralvr View Post
I did call an insurance broker...she had no idea. That sounded odd to me if you're in the insurance business! I will call around a bit and see if someone else can offer some insight.

Mathjak, I thought you went on ACA. Did you stay with your old insurer, even though copays/deducts were higher?

My plan now is UHC.
i have a silver plan bought through a broker rather than directly from the exchange . it is sold directly from the insurer . you can not get subsidy on it though .

i got better terms buying it direct rather than a true exchange plan being i was not going to get a subsidy
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