About

While Americans are consumed with the national Health Care Reform debate, many individuals are concerned about unemployment.  Individuals and families are wondering how they will make ends meet.  They are concerned about protecting everything they have worked for to enrich their standard of living, their ability to financially help family members, support favorite charities and non-profits, and pay bills including home and auto insurance, life insurance, and the dreaded ever increasing health insurance premium.

After leaving your last employment, were you offered continued health insurance coverage by electing continuation with COBRA.  You’ve made your decision and 45-60 days later you receive your first premium notice.  You enter the zone known as – “Got Cobra Rate Shock?”

You can’t believe your eyes.  Your stomach feels like it just took a bungee jump from the top of the Golden Gate Bridge and it hasn’t stopped falling.  You log on to your bank accounts and the “Cobra Rate Shock” intensifies as you stare at the bottom line.  Desperately, you log on to your 401K or IRA and cross your fingers hoping against hope the recent market corrections missed your account.  NOT!!!!!

You call your employer and explain there must be a mistake.  You tell the HR director it appears you are paying the premium for everyone in your department.  You learn this is not a dream; you “Got Cobra Rate Shock?”