Direct answer
It depends on your previous plan’s premiums, as you are responsible for paying the entire monthly premium plus a potential two percent administrative fee, which is significantly higher than what you paid as an active employee.
Centers for Medicare & Medicaid Services documentation on group health plan continuation. For additional information about federal COBRA requirements, see the Centers for Medicare & Medicaid Services‘s official fact sheet.
What this means for you
It depends on your previous plan’s premiums, as you are responsible for paying the entire monthly premium plus a potential two percent administrative fee, which is significantly higher than what you paid as an active employee.
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