Thread regarding Elevance Health (Anthem) layoffs

Increase to ELV COBRA Payments?

Has anyone heard what premium increases will be applied to the Elevance Health (formerly Anthem) COBRA insurance for past employees (i.e., RIF'd)?

Elevance Health COBRA insurance is administered either by a third-party administrator (TPA) hired by the employer or by the employer's internal HR department. Anthem offers both COBRA (continuation of group health benefits) and benefits administration solutions, though it often partners with third-party administrators like Benefit Admin Solutions or Benefit Help Solutions to manage the administrative details of COBRA.


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| 1201 views | | 5 replies (last November 10) | Reply
Post ID: @OP+1k8rxemc9

5 replies (most recent on top)

Looks like a 15% increase to COBRA premiums for 2026. Former employees should be receiving these notifications. If you have access to your Anthem BCBS COBRA acct. Go into MyNotices to access the latest Open Enrollment Notification and increases to your individual coverage and plans.

https://benefitadminsolutions.com/Secure/Notices/View.aspx

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Post ID: @1zp+1k8rxemc9

Thanks for sharing. That’s roughly a 16.75% increase in the cost of COBRA benefits. It will interest to see if that percentage is consistent across the board.

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Post ID: @1a5+1k8rxemc9

I just made my first cobra payment, as I was laid off early in 2025.
I have the HSA plan for myself and the higher dental plan for myself and spouse.
My monthly rate is over $850. In January, my rate will increase by $143 for the same coverage.

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Post ID: @122+1k8rxemc9

The median proposed premium increase for 2026 is 18 percent nationally, which is more than twice the increase insurers proposed for 2025 and triple the change for 2024.

Increased COBRA premiums: Since COBRA rates are often based on the employer's group plan, these increases will likely be reflected in COBRA premiums. For example, if an employer's costs increase by 10%, their COBRA rates will likely follow suit.

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Post ID: @d8+1k8rxemc9

All other insurances are going up. It makes sense that COBRA coverage costs would increase also.

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Post ID: @at+1k8rxemc9

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