On Tuesday, October 31, 2006 2:42 PM Kristyne McDaniel wrote:
>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.
No, I would not recommend having no insurance for everyone. Only if you are young and in very good health.
>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...
That is strange and it must be exception with the size of the company. Glad you are getting a good deal!
David L. Crooks
©2006 David Crooks |