Quick answer
What this tool helps you decide
COBRA can preserve the same employer plan, while a Marketplace plan may have a lower premium. The useful comparison includes employer subsidies, deductible exposure, expected care, provider networks, prescriptions, and the dates by which you must act.
How to use the result
- STEP 1
Copy premiums and dates from the COBRA notice and Marketplace quotes.
- STEP 2
Compare the same number of months and add realistic care and deductible exposure.
- STEP 3
Verify networks, prescriptions, eligibility, and enrollment deadlines before selecting coverage.
Frequently asked questions
How long do I have to elect COBRA?
Federal COBRA generally provides at least 60 days to elect, measured from the later of the election notice or loss of coverage. Use the dates in your notice because facts and other continuation rules can differ.
When can I use a Marketplace Special Enrollment Period?
Losing qualifying job-based coverage can create a Special Enrollment Period. HealthCare.gov generally describes a 60-day window before or after the loss of coverage.
Does the cheapest total mean the best plan?
No. A plan can cost less but exclude a clinician, hospital, medication, or family need that matters to you.
Compare the same coverage period
Use the premiums shown in your actual notices. Add expected care costs and deductible exposure instead of comparing premiums alone.
Your entered-cost comparison
marketplace costs less
COBRA total: $9,600
Marketplace total: $5,160
Difference: $4,440
- Confirm doctors, hospitals, prescriptions, and family members.
- Check when current coverage ends and both enrollment deadlines.
- Check Medicaid, CHIP, or a spouse's plan if relevant.