Page 1 of 10 1 2 3 4 5 6 ... LastLast
Results 1 to 25 of 243
  1. #1
    Join Date
    Sep 2001
    Location
    The Cone of Uncertainty
    Posts
    49,344

    Health Insurance?

    We've always had insurance through my wife's job but the company is being broken up and sold off and our insurance is set to run out 12/31. We've never had to buy insurance before so I'm totally new to this. The wife's running a start-up but there really aren't any employees yet although that will probably change (will change if all goes as hoped).

    Who has a clue on this? Should we do Obamacare? (we wouldn't qualify for subsidies) Go straight to a private company? Do Blue Cross/Blue Shield? Set up a company policy despite the lack of employees? Steer me in the right direction please, I have basically no clue what I'm doing here. Which is pretty normal for me, but this is a whole brand-new area of incompetence.

    Thanks.

  2. #2
    Join Date
    Oct 2005
    Location
    Wasatch
    Posts
    6,242
    Quote Originally Posted by iceman View Post
    We've always had insurance through my wife's job but the company is being broken up and sold off and our insurance is set to run out 12/31. We've never had to buy insurance before so I'm totally new to this. The wife's running a start-up but there really aren't any employees yet although that will probably change (will change if all goes as hoped).

    Who has a clue on this? Should we do Obamacare? (we wouldn't qualify for subsidies) Go straight to a private company? Do Blue Cross/Blue Shield? Set up a company policy despite the lack of employees? Steer me in the right direction please, I have basically no clue what I'm doing here. Which is pretty normal for me, but this is a whole brand-new area of incompetence.

    Thanks.
    The place to start is probably the ACA exchange. There ought to be some decent options there for you.

  3. #3
    Join Date
    Sep 2001
    Location
    The Cone of Uncertainty
    Posts
    49,344
    Yeah thanks I was looking at their site earlier but I wasn't sure if I was going in the right direction at all.

  4. #4
    Join Date
    Apr 2006
    Posts
    4,466
    "Penatrode Blue Jean Health Services"

    new start up i've heard of,

    revolutionizing health care

    and skiing in jeans.

  5. #5
    Join Date
    Apr 2006
    Posts
    4,466
    on another note, hope your health is good, will rip a few lines this year for you!

  6. #6
    Join Date
    Mar 2006
    Posts
    19,363
    Previous employer should provide Cobra by law. It's worth looking into the exchanges with open enrollment coming up.

    Subsidies are based on income, not assets, so if you have no income you can still get subsidies.

  7. #7
    Join Date
    Sep 2001
    Location
    The Cone of Uncertainty
    Posts
    49,344
    Thanks b, I'm doing okay, a few bumps in the road (or head) notwithstanding.

  8. #8
    Join Date
    Sep 2001
    Location
    The Cone of Uncertainty
    Posts
    49,344
    Quote Originally Posted by 4matic View Post
    Previous employer should provide Cobra by law. It's worth looking into the exchanges with open enrollment coming up.

    Subsidies are based on income, not assets, so if you have no income you can still get subsidies.
    Well we'll have no (or practically no) outside income next year but this year's tax return will show a lot, do you know if that can be finessed somehow? If you don't know I can just call them I guess, so no worries.

  9. #9
    Join Date
    Sep 2001
    Location
    Before
    Posts
    26,599
    We're doing the cobra deal.
    Merde De Glace On the Freak When Ski
    >>>200 cm Black Bamboo Sidewalled DPS Lotus 120 : Best Skis Ever <<<

  10. #10
    Join Date
    Sep 2001
    Location
    The Cone of Uncertainty
    Posts
    49,344
    Yeah I gotta look into that, can you do Cobra if the company doesn't exist anymore is the question I guess.

  11. #11
    Join Date
    Mar 2006
    Posts
    19,363
    I know people that do this. I will use the loophole myself.

    https://www.cnbc.com/2016/01/27/they...subsidies.html

  12. #12
    Join Date
    Mar 2006
    Posts
    19,363
    Quote Originally Posted by iceman View Post
    Yeah I gotta look into that, can you do Cobra if the company doesn't exist anymore is the question I guess.
    If cobra were available you would probably already know.

  13. #13
    Join Date
    Sep 2001
    Location
    Before
    Posts
    26,599
    I found this:

    http://info.cobraguard.net/COBRA-blo...oses-its-Doors

    COBRA only exists if the health plan exists. So, the length of COBRA availability depends entirely upon the business’ timeline and approach to ceasing operations.

    So it depends on how long the plan is paid out by the company.
    Merde De Glace On the Freak When Ski
    >>>200 cm Black Bamboo Sidewalled DPS Lotus 120 : Best Skis Ever <<<

  14. #14
    Join Date
    Oct 2003
    Location
    Banff
    Posts
    21,861
    move to canada? might be too cold to ski in jeans?


  15. #15
    Join Date
    Sep 2001
    Location
    The Cone of Uncertainty
    Posts
    49,344
    Thanks fellas does look like COBRA is out from that.

    And Canadia is pretty attractive I'll say that much.

  16. #16
    Join Date
    Sep 2001
    Location
    Before
    Posts
    26,599
    So, it's ACA time. I've postponed that until next year even thought this years income is way down.

    One things I've noticed is that it seems the more personified a topic gets, the more idiotic the discussion becomes.
    Merde De Glace On the Freak When Ski
    >>>200 cm Black Bamboo Sidewalled DPS Lotus 120 : Best Skis Ever <<<

  17. #17
    Join Date
    Sep 2001
    Location
    The Cone of Uncertainty
    Posts
    49,344
    Quote Originally Posted by 4matic View Post
    I know people that do this. I will use the loophole myself.

    https://www.cnbc.com/2016/01/27/they...subsidies.html
    Thanks for that. Interdasting.

  18. #18
    Join Date
    Sep 2001
    Location
    The Cone of Uncertainty
    Posts
    49,344
    Quote Originally Posted by Buster Highmen View Post
    One things I've noticed is that it seems the more personified a topic gets, the more idiotic the discussion becomes.
    Yeah but it's mind over matter. If you don't mind it doesn't matter. Figured this would devolve at some point but I've already gotten some stuff out of it so I'm fine with it.

  19. #19
    Join Date
    Mar 2006
    Posts
    19,363

    Health Insurance?

    I have 12 months subsidized cobra. When I roll off is when we see. Sometimes it is better to not go in Cobra and roll straight into the exchange. Because, if you are rolling off an employer sponsored health plan your options might be better vs rolling off an expired Cobra plan. E.g. More plans available under that circumstance. Especially if you have limited income.

  20. #20
    Join Date
    Apr 2006
    Posts
    4,466
    i've been close w the medical field my entire life, had my own doctor, until he up and died on me 13 yrs ago.

    the 5 gen apothecary is still kicking at 75.

    it's a brave new world

    cadillac plans are gone/few and far between.

    a retired finance vp friend pays north of 12 k a yr for cadillac plan.

    you have money, you will be fine.

  21. #21
    Join Date
    Mar 2006
    Posts
    19,363
    Quote Originally Posted by byates1 View Post
    a retired finance vp friend pays north of 12 k a yr for cadillac plan.
    Pretty standard. My Cobra rate when I roll off for a HDP is $750 mo. No where near Cadillac.

  22. #22
    Join Date
    Sep 2001
    Location
    The Cone of Uncertainty
    Posts
    49,344
    @by: Yeah it's gonna work out, I'm just trying to go in the right direction is all.

  23. #23
    Join Date
    Dec 2009
    Location
    The Mayonnaisium
    Posts
    9,884
    Quote Originally Posted by iceman View Post
    The wife's running a start-up but there really aren't any employees yet although that will probably change (will change if all goes as hoped).
    Where do I apply?

  24. #24
    Join Date
    Sep 2001
    Location
    The Cone of Uncertainty
    Posts
    49,344
    Are you still in Boston? Looks like we're moving to Westport if we don't get divorced or someone gets murdered first. I think the company will work it's probably about a year early for a person of your caliber right now though.

    Here's their site, it's only been up for a week or so, there's issues but they will get fixed: 2betties.com

  25. #25
    Join Date
    Dec 2012
    Location
    I can still smell Poutine.
    Posts
    20,768
    Quote Originally Posted by byates1 View Post
    apothecary
    English motherfucker, do you speak it?

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •