In my company’s retirement package they tell you up front what the retiree healthcare insurance costs, and what cobra costs.
Retiree is around 1000 + a month and runs for however long you pay for it, till 65.
Cobra costs around 540 a month, and runs 18 months.
So, if someone retired at 63-1/2 and did cobra, then they’d do OK.
Yep. Even the other is reasonable based on what you would have to pay otherwise. And if the underwriter doesn’t like your history, you might have to go to one of the High risk pools and that’s tough too.