Wednesday, July 23, 2008

COBRA

Well now I know. Why they call it, "COBRA".

For anyone who doesn't know what I'm talking about when you "lose your job" (I was told saying "getting fired" implies that Kyle did something inappropriate at work :)) you are entitled to continue receiving your insurance for 18 months. The catch is you have to pay the premium, both the part that the company paid for and the part you've always paid for. Let's just say that adds up to such a large amount of money, that after one year you've paid more to COBRA than Burger King has paid to a full time employee. As a friend of mine said, when you're paying that much it's no longer "insurance" you might as well just pay for stuff out of pocket.

So they decided to name it "COBRA", you know like one of the most venemous snakes in the world. Or an Army attack helicopter. So now I know why they chose that name. COBRA: a deadly attack on American families, those who have lost their job and therefore their income, being asked to pay an absurd amount of money for health "insurance".

So hopefully the local health insurance you can buy into will except us quickly and even better we'll find a job quicker!

No comments: