Oracle layoffs

[fasak_vachadu]

20 hours ago, Hitman said:

COBRA ఉంటది 

 Andaru cobra cobra antaru but Emina telusa ela work ayithadi em em cover ayithadi entha money pay cheyali premium ki ani 

edo okati vachi cheppaddu 

[perugu_vada]

3 minutes ago, fasak_vachadu said:

 Andaru cobra cobra antaru but Emina telusa ela work ayithadi em em cover ayithadi entha money pay cheyali premium ki ani 

edo okati vachi cheppaddu 

As far as I know, Same coverage @fasak_vachaduuncle .. when u are employed with that company .. only difference is, company contribution kuda pay cheyali .. like monthly 300$ pay chesthe .. when u take COBRA if employer was paying 80% .. instead of 300$ u will end up paying 1500$.. 

[Konebhar6]

4 hours ago, Raisins_72 said:

avva kaavali buvva kaavali antaav, edhokati mundhu insurance vundatam manchidhi kadha ra Bujji 😉

The worst plan that my company offers costs $900 from company’s pocket. With cobra, I get a chance to pay $900/month and keep the insurance. Would you be able to afford it?

[Konebhar6]

4 hours ago, megadheera said:

ledu bhayya.. if your want same coverage then better to take cobra.. outside koncham cheap undachu but you will know the pain when you try to use it

I agree with coverage but it’s a burden for laid off employee to keep paying $1500+ /month. 
I have an HSA plan with HMO. 0 out of my hand. Even for basic tests they charge $100+. My employer pays $900/month for it.

Health Insurance is the biggest scam in this country.

[Tellugodu]

4 minutes ago, Konebhar6 said:

I agree with coverage but it’s a burden for laid off employee to keep paying $1500+ /month. 
I have an HSA plan with HMO. 0 out of my hand. Even for basic tests they charge $100+. My employer pays $900/month for it.

Health Insurance is the biggest scam in this country.

Don’t know the size of your company but I see, having a good benefits broker (generally company benefits/HR) work with them to negotiate premiums with insurance providers. Noticed some companies do a very good job of it and tries to keep prices low. Some companies whose benefits team is not robust gets ripped off by these insurance companies with heavy spikes on YOY premiums. Was previously worked for tech company and it’s zero premium for employees (all are paid by company) now with a bank and it’s 500$ month benefits cost (not including copay/deductibles, that comes once we see a doctor ). Glad spouse works for a hospital, hence got a good coverage through her employment.

[megadheera]

11 minutes ago, Konebhar6 said:

I agree with coverage but it’s a burden for laid off employee to keep paying $1500+ /month. 
I have an HSA plan with HMO. 0 out of my hand. Even for basic tests they charge $100+. My employer pays $900/month for it.

Health Insurance is the biggest scam in this country.

True but If they can afford better to take cobra

[Rushabhi]

Firing and hiring common Oracle lo. Prathi quarter untundi

[ManchamKodi]

On 11/4/2024 at 9:33 AM, Tellugodu said:

Any desi santha effected ?

Dantlo unnade desi sontha . asalu oracle evadu use chestunadu 

[Raisins_72]

45 minutes ago, Konebhar6 said:

The worst plan that my company offers costs $900 from company’s pocket. With cobra, I get a chance to pay $900/month and keep the insurance. Would you be able to afford it?

Asalu insurance lekunda atleast oka option ayithe undhi kadha for time being - would you be able to afford 100k bill without insurance  or 10k with cobra insurance ? 

[ManchamKodi]

9 hours ago, Konebhar6 said:

Our employers pay too much for insurance .. COBRA only ensures that you get the same offer for a year or so ... Its  expensive .. I got to know when a colleague of mine got fired ... 

1 year kadu @Konebhar6 anna. Cobra 18 months provide chestaru 

nuvvu Rashimika mayyaa lo padipoyavu marchipotunavu Saami 

 

[ManchamKodi]

market place lo kuda insurance tesukovachu cobra meeku expensive anipiste @Konebhar6 @fasak_vachadu @Tellugodu

[Konebhar6]

44 minutes ago, ManchamKodi said:

1 year kadu @Konebhar6 anna. Cobra 18 months provide chestaru 

nuvvu Rashimika mayyaa lo padipoyavu marchipotunavu Saami 

 

Probably. I don't know the tenure. 

41 minutes ago, ManchamKodi said:

market place lo kuda insurance tesukovachu cobra meeku expensive anipiste @Konebhar6 @fasak_vachadu @Tellugodu

Last I talked to my friend, he said there are some other options. He was talking to a desi agent. Will have to check details from him. 

[Konebhar6]

46 minutes ago, Raisins_72 said:

Asalu insurance lekunda atleast oka option ayithe undhi kadha for time being - would you be able to afford 100k bill without insurance  or 10k with cobra insurance ? 

I never meant to live with out insurance in this country. Its a must.

I was talking about exploring other Insurance options. May be buy from marketplace. People think COBRA is cheap, but its not. 

[Raisins_72]

2 minutes ago, Konebhar6 said:

I never meant to live with out insurance in this country. Its a must.

I was talking about exploring other Insurance options. May be buy from marketplace. People think COBRA is cheap, but its not. 

Cobra is expensive, but middle of the year marketplace lo insurance isthaara ? 

[Konebhar6]

1 hour ago, Tellugodu said:

Don’t know the size of your company but I see, having a good benefits broker (generally company benefits/HR) work with them to negotiate premiums with insurance providers. Noticed some companies do a very good job of it and tries to keep prices low. Some companies whose benefits team is not robust gets ripped off by these insurance companies with heavy spikes on YOY premiums. Was previously worked for tech company and it’s zero premium for employees (all are paid by company) now with a bank and it’s 500$ month benefits cost (not including copay/deductibles, that comes once we see a doctor ). Glad spouse works for a hospital, hence got a good coverage through her employment.

$20B company. We have different options for insurance. Best one if we have health problems is $220/Paycheck for a family. copays are very less. I took the cheapest option which is $0/paycheck. But copays are more. Works out for me.

But my point is that even the worst of the plans, the company pays $900/month for insurance. It's a lot.