Should I ditch COBRA and switch to an individual plan?
May 16, 2012 4:31 PM Subscribe
Health insurance question: I got laid off from a small company a few months ago, and have been paying over $400 monthly for COBRA. This eats up a ton of my unemployment money. I'm wondering if I should switch to an individual plan.
posted by emily37 to Health & Fitness (19 answers total) 1 user marked this as a favorite
I am 30, female, relatively healthy, but have been visiting the doctor about once monthly recently for an acid reflux problem.
My COBRA insurance kind of sucks - the deductible is relatively small ($750), but I still need to pay 35% of any labs, tests, etc.
It looks like my insurance provider has a few individual plans that cost a couple hundred bucks less monthly, with similar deductibles and the option to pay between 30-40% in coinsurance for labs, etc.
It's entirely possible that I might need to go to a gastro to get a few more tests for this GERD issue. My question is - is there any reason I shouldn't try to switch plans and save $200 bucks monthly, if the insurance is basically the same?