Thread regarding Devon Energy Corp. layoffs

anyone know how long you can keep Cobra and if its expensive

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| 1362 views | | 4 replies (last January 8, 2016) | Reply
Post ID: @OP+FjxKHu6

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Go to your total benefits statement on strata, look at the Devon provided benefits ($$) for health insurance, add the monthly amount they pay plus what you pay, and you will have a good estimate of what your cobra will be. And the last poster is incorrect, cobra benefits can last for 18 months, not 6 months

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Post ID: @2kyf+FjxKHu6

Cobra lasts 6 months.

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Post ID: @1vhr+FjxKHu6

Family health coverage (high deductible plan) is about $1200/month, you have 2 months to decide to sign up (it's retroactive to your leave date), and you are eligible for 18 months. Unlike other companies where I've worked that pay for your insurance for 1-2 months if laid off, your Devon paid insurance ends the day you leave.

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Post ID: @1eqg+FjxKHu6

When has Cobra never been expensive? Sim sim salabim!

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Post ID: @cmf+FjxKHu6

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