cobra as I understood it expires after so many days.
I believe you have one year to convert it, but I could be wrong ?
Virgil Bierschwale
Armstrong and Skipper Real Estate
(830) 329-6774 Cell
(830) 864-4726 Home
(830) 864-4799 Fax
http://www.bierschwalesolutions.com
http://www.bierschwale.com
http://www.virgilslist.com
----- Original Message -----
From: "Kristyne McDaniel" <newsbox at mcstyles .DO.T com>
To: "'ProFox Email List'" <profox@leafe.com>
Sent: Tuesday, October 31, 2006 1:42 PM
Subject: RE: [OT] Converting Employee Benefits...
> David,
>
>> Going to COBRA is very expensive and really designed for
>> short term use. There are many group health insurance
>> options out there. My wife and I have even discussing
>> not having health insurance.
> ...
>
> We can't really wing it without insurance. Steve has had two heart attacks
> and flesh eating bacteria. If it weren't for insurance picking up the
> bills
> -- especially during the flesh eating bacteria -- he would have died
> waiting
> for a decision to be made about how to get paid for treatment. So no
> insurance is no option.
>
> The COBRA plan is the same rate EDS pays plus a small administration fee.
> It
> is significantly lower in cost than the plan we had before I was hired by
> EDS. I even took up the option to convert my long term disability and
> group
> term life policies -- the rates were very good from what I could see.
>
> So far I haven't seen any offerings that were cheaper than COBRA for the
> same kind of plan. Maybe something has changed. Or maybe EDS has a better
> rate deal than some other companies because of its size. Hmm...
>
> Kristyne McDaniel
> www.mcstyles.com
> www.shamrocktrails.com
>
>
>
>
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