Q: I am waiting on cobra paperwork and was wondering what my premium will be? A: COBRA is offered to you by your employer. It is a continuation of the same group health plan that you were on. Since, you no longer work for that employer but still have their coverage; you will be responsible for 100% of the monthly premiums. Plus, the employer can add a 2% administrative fee to that cost. You would have to contact the employer to find out what your premium would be. They will also send you information in the mail with information about your payment and how to make your premium payment. COBRA will cover any medical conditions you may have.
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