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View Diary: The cost of no public option (185 comments)

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  •  and COBRA is extortion (2+ / 0-)
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    Calamity Jean, indres

    the rates are double and triple what the employer has been paying, now coming out of the unemployed's pocket.
     That should be one of the first reforms, to make an  uninsured pool of recent unemployeds insured at rates near or less than their employer was paying. Among people I know laid off or part timed, their small employers are saying health insurance costs are the 'reason'.
     It's a gd economic emergency.

     As Paul Krugman said 7/9/9 the WSL tv interview
     'there isn't real choice now, in ,many states there is really only one insurance company to choose from. These are more like CARTELS.' iirc..
     He said the the employer tax deduction was the only thing keeping insurance companies profitable..(iirc)

    watch video here

    In 2002, the USFS spent $36 million on its Tongass timber sales program, and rec'd back just $1.2 million from timber companies.

    by KenBee on Sun Jul 12, 2009 at 08:57:11 PM PDT

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    •  and that's if you're lucky (3+ / 0-)

      if you don't qualify for COBRA, you have to buy on the individual "market"

      god help you then. i'm there this month and we have to pray we don't get sick. i thought that's what insurance was, protection against financial disaster in case of misfortune?! so apparently there is no health insurance for me.

    •  not always true (0+ / 0-)

      it depends upon the employer and the plan. The amount I pay under COBRA for the plan I have is approximately the same as what I was contributing for the same plan when I was employed, and with the tax deduction for health insurance premiums, my tax position with respect to 'pretax' does not change.  I know this isn't true for other plans and other employers though - I just wanted to let you know it isn't always true.  I remember when I was laid off a government contracting job, the COBRA payment for maintaining that plan was about $900 a month for an individual, needless to say I didn't keep it.

      DailyKos: the "Free Ice Cream for Everybody" crowd!

      by louisev on Mon Jul 13, 2009 at 05:38:05 AM PDT

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