Comments on: Humana to cut 1,400 jobs http://csbj.com/2010/02/18/humana-to-cut-1400-jobs/ Tue, 21 May 2013 18:48:54 +0000 hourly 1 http://wordpress.org/?v=3.5.1 By: Christopher Colvin http://csbj.com/2010/02/18/humana-to-cut-1400-jobs/comment-page-1/#comment-19141 Christopher Colvin Thu, 18 Feb 2010 20:29:14 +0000 http://csbj.com/?p=25263#comment-19141 I used to write a lot of business when individuals were faced with the high expense of COBRA. Humana got a lot of that business because they treated my clients very well, and their rates were the most reasonable. While I was able to permanently cut an unemployed person’s health insurance rates by 60-70%, the COBRA reduction signed in March 2009 killed that line of business.

End result, loss of jobs in the health insurance industry. Whether or not you believe government should meddle in the affairs of the medical industry, that COBRA discount plan has hurt a lot of individuals in the long run. Many who were insurable have attempted to get individual plans (much less expensive) after fearing the COBRA discount would expire soon, now find themselves uninsurable because they had some sort of medical condition that was discovered during the TEMPORARY discount period. They could have had a permanent plan, now when the COBRA discount expires, their stuck.

Christopher Colvin
http://cobra.springshealthplans.com

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