Thursday, March 30, 2006

Good News on COBRA & Simonton Court

So I just learned that Mac can be covered with our health insurance plan for 3 years for the monthly premium for individual coverage ($370 at present.) Not that you will need it when you get a fine paying job with wonderful benefits, but, just in case . . .

And Keith Ellis just called from a beach on Key West, to let us know they were laying in the sun, watching the waves, and they love Simonton Court! Really, how good a time can they be having if he's calling us from a beach?

5 Comments:

Lucy said...

Mmmmmm beach. I want one.

Thursday, March 30, 2006 12:55:38 PM  
James said...

If this scenario comes to pass, Mary Alyce may want to investigate high-deductible health insurance and health savings accounts. When I've looked into such plans during fits of job ennui, there have been good options at $100/month with a $4,000 deductible. Since you can pay the deductible with pretax HSA dollars, it's close to a wash even in the worst annual case.

It's great that the COBRA is there if you need it, though.

Friday, March 31, 2006 8:02:23 AM  
Judi said...

She said the jobs she has sent her resume to have offered benefits . . .

Friday, March 31, 2006 5:06:55 PM  
James said...

Always good to have options though, right?

Friday, March 31, 2006 5:43:27 PM  
Cassie said...

Judi, before you start those COBRA payments, you might want to double-check exactly when your current coverage for Mac will run out. When Caleb graduated, I thought his coverage would lapse the minute they put the diploma into his hand, but no -- as it turned out, his coverage continued until his 23rd birthday, quite a few months later. I'm not sure whether that is a function of New York insurance regulation or whether it was just the way our policy's student rider is designed -- but if it is true for yours, too, it might buy you and Mac a little bit of time.

Tuesday, April 04, 2006 7:21:52 AM  

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