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Does COBRA have a 12 month rate guarantee?

Answer: Unfortunately there is no law that guarantees COBRA rates and any time your former employer changes the rates or the plan in any way, you will experience the same changes to COBRA since it is a continuation of that plan. For example, if your employer decides to increase the cost of monthly premiums, you will have to pay that increase. Similarly if the employer switches from a PPO to an HMO, you will have the same plan changes. However if at any time you are unhappy with the changes, COBRA can be cancelled at any time. For other options, consider these COBRA alternative plans.

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