You don't hear much about COBRA any more. Employers are required to offer this to employees once they've separated from the company. I'm curious to know if any one has 'ever' took for lack of a better word advantage of COBRA and how it turned out for them. I've read a little about it and to sum it up you would be paying the full cost of the health plan currently offered by the employer plus a 2% administration fee for a period of 18 months. Given that Obamacare is in the picture now I wonder what affect that will have on COBRA.