Generally the cobra option is a lot more in premium than an individual plan.The good news with cobra coverage is the benefits usually have a low deductible but you pay handsomely for the rich coverage.The better news is with an individual plan, the deductible is high but the premium is about half the cobra coverage .
If you’re healthy and have no pre existing conditions, you will about 1/2 the premium amount for an individual plan.
The cobra coverage will take you to January of 2014 when you’ll be able to purchase a guaranteed coverage plan through either a private company or on the exchange . At this point, children are accepted guarantee issue however they may be charged 2X the premium.
Stay tuned for more