Reply #11: Cobra should be abolished entirely

[Donnachaidh]

That program does nothing more that drop the entire cost of insurance on the person who is laid off.

Imagine, going from paying $210 per month into the cost of insurance with your employer, getting laid off, and then getting a letter saying, sure, you can keep your coverage, but your MONTHLY payment is now $1200!

You don't even get warning of this increase - just a bill informing you of the cost and the ADDED penalties if you make the first few payments late (and that always happens, because they back date your coverage to the last day you worked).

It's a RACKET, pure and simple.

STOP playing with the programs that FAIL -- and give us UNIVERSAL health CARE. NOT insurance ponzi schemes, not FAILED Cobra plans -- the REAL DEAL.