Have you read the article? Do you have a degree in business or insurance.? Do you have an active Health, Life and Annuity Insurance License in any state? Are you an independent Health Insurance Agent?
As someone who is all those things, I can tell you, you are dead wrong.
Cobra last only a certain time frame. 18 months MAX! In some instances LESS. It is transition insurance. It is also extremely expensive. He is already going from two salaries to only one.I am relatively certain his wife makes as much as he does $170K as a Senior Manager at Goldman Sachs. You might think that is allot of money, IT ISN’T!
He has a wife of child baring age and two small children. He needs health insurance coverage. He is also not extremely wealthy.
His net worth is estimated between $1 million and $4 million. Well off, but not beyond the reach of bankruptcy through unexpected medical expenses by any stretch of the imagination.
Believe me. I know! I have personal experience with sick children, personal illness and even cancer all in the last half decade.
Reading your response, I can only wish that we could have Reagan back again.
That’s right.
More Ron.