COBRA Cost Calculator
Find out exactly how much COBRA will cost you. When you leave your job, you are responsible for paying 100% of the premium (including the portion your employer used to pay) plus a 2% administrative fee.
Enter Your Current Costs
This is the amount typically deducted from your paycheck each month.
Check your pay stub, W-2, or ask your HR department for this amount.
Don't know your employer's portion? Employers typically cover 70% to 80% of the total premium. If you paid $250, your employer likely paid between $580 and $1,000.
Your Estimated COBRA Cost
Estimated Monthly Premium
$1,020
That's $12,240 per year.
Under some state continuation laws the fee differs — Florida allows up to 15%, Arizona 5%. View state laws.
COBRA is often the most expensive option. You have alternatives.
Not ready to talk? Email your estimate.
Understanding Your COBRA Costs
Why is COBRA so expensive?
When you are employed, your employer typically covers a significant portion of your health insurance premium—often 70% to 80% of the total cost. When you leave your job and elect COBRA, you become responsible for the entire premium (both your previous portion and the employer's portion), plus an administrative fee.
How is the COBRA premium calculated?
The federal government allows employers to charge exactly what the plan costs them, plus a 2% administrative fee to cover the costs of managing your enrollment. If the total premium for active employees is $1,000 per month, your COBRA cost will be $1,020 per month.
Are there cheaper alternatives to COBRA?
Yes. For many people, COBRA is the most expensive option. You may qualify for subsidies on the ACA Marketplace (HealthCare.gov) based on your new income, or you might find that a Short-Term Health Insurance plan provides the temporary bridge coverage you need at a fraction of the cost.