How To Calculate Cobra Insurance Cost

Estimated COBRA Insurance Cost: $0.00 per month


COBRA insurance provides individuals with continued access to their employer-sponsored health insurance plans under specific circumstances. Calculating COBRA insurance costs is crucial for those considering this option. In this article, we’ll explore the formula used to calculate COBRA insurance costs and guide you through its application.


To determine your monthly COBRA insurance cost, you need to consider the following factor:

COBRA Insurance Cost Per Month = Monthly Premium + Administration Fee

How to Use:

  1. Enter the monthly premium (in USD) for your employer-sponsored health insurance plan.
  2. Specify the administration fee (in USD) in the “Administration Fee” field. If there is no administration fee, leave it at 0.
  3. Click the “Calculate” button.
  4. The estimated COBRA insurance cost per month will be displayed.


Suppose your monthly premium for your employer-sponsored health insurance plan is $400, and there’s a $20 administration fee. The estimated COBRA insurance cost per month would be:

COBRA Insurance Cost Per Month = $400 (Monthly Premium) + $20 (Administration Fee) = $420 per month


  1. What is COBRA insurance? COBRA (Consolidated Omnibus Budget Reconciliation Act) insurance allows individuals to retain access to their employer-sponsored health insurance after certain qualifying events, such as job loss or reduced work hours.
  2. Who is eligible for COBRA insurance? COBRA coverage is available to employees and their dependents who were part of an employer’s group health insurance plan but faced qualifying events like job termination or divorce.
  3. What are common qualifying events for COBRA? Qualifying events include job loss, reduced work hours, death, divorce, and reaching the maximum coverage period, among others.
  4. How long can I continue COBRA coverage? COBRA coverage typically extends for 18 to 36 months, depending on the specific qualifying event.
  5. What is the monthly premium for COBRA insurance? The monthly premium is the cost associated with continuing your health insurance coverage under COBRA.
  6. Are there additional fees associated with COBRA insurance? Some plans may charge an administration fee, which covers the cost of managing COBRA enrollments.
  7. How can I pay my COBRA premiums? Typically, you can make COBRA premium payments by check, electronic funds transfer, or credit card.
  8. Can I find alternatives to COBRA insurance? Yes, you can explore alternative health insurance options such as marketplaces, Medicaid, or individual insurance plans for potential cost savings.
  9. Is COBRA insurance the same as my previous coverage? Yes, COBRA insurance provides access to the same healthcare plan you had while employed, ensuring continuity of coverage.
  10. Are there financial assistance options for COBRA premiums? In some cases, individuals may be eligible for financial assistance to help cover COBRA premiums, especially if they meet certain criteria.


Understanding how to calculate COBRA insurance costs is essential for individuals and families experiencing transitional periods. The COBRA cost calculator and information provided in this article empower you to make informed decisions about your healthcare coverage. COBRA insurance can be a valuable bridge during times of change, allowing you to maintain access to essential health services.

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