@aj I was laid off a few months ago. Target does not pay half the cost of Cobra for 6 mos. What they give you is 6 mos of their previous contributions to your health care plan in one lump sum combined with the rest of your severance payout. It’s taxed heavily though.
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You may possibly get Cobra for 6 months with TGT paying half the cost.
@OP I seem to recall in the 2023 layoff from Tgt we were given money to cover 6 months of COBRA. But that was misleading. Taxes were taken out, so we netted out at 4 months of money to cover COBRA. This assumes you are under age 65 at which point you are Medicare-eligible and COBRA money may not be available to you.
Call MNSure and talk to an analyst they'll help you understand your options. Don't assume you'll have to go to the Affordable Care Act (ACA) marketplace. Depending on your specific household situation and your prospects for income in 2026, you should at least try to apply for MinnesotaCare and/or ACA subsidies. People are often surprised what they qualify for, especially if you're expecting a longer job search/unemployment benefits.
MNSure. Prices just went up considerably from the 2025 rates. New rates start 1/1/26
Pay and health insurance until Jan 3rd, according to several news stations that know more than people who work at Target. After that, it’s either have a new job or go through the public options through the government, such as Cobra.