The cost of COBRA coverage is typically high because the newly unemployed individual is responsible for paying the entire premium themselves. You no longer get the benefit of your company subsidizing some or all of the health insurance costs. In most cases, this can be quite expensive. However, there are some ways to help offset the cost of COBRA insurance. One option is to look for a job that offers health insurance benefits. Another option is to apply for an individual or family health insurance plan through the individual marketplace.
