On average, COBRA participants cost employer’s plans $10,000 per year and COBRA coverage costs participants around 27% more than plans available through the Federal and State Marketplaces.
That's where ThrivePass's COBRA Decision Enablement comes in. Decision Enablement is an app that recommends the best available plan for participants —whether that's through COBRA or the Federal and State Marketplaces.
Recommendations are based on the total cost of all possible plans for the participant, including premiums and out-of-pocket expenses. Oftentimes, that's not the COBRA plan.