Anyone who has ever left a job knows what COBRA is. For those uninitiated few, here's a quick explanation:
The Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA) requires most employers with group health plans to offer employees the opportunity to continue temporarily their group health care coverage under their employer's plan if their coverage otherwise would cease due to termination, layoff, or other change in employment status (referred to as "qualifying events").
Roddy has this to say yesterday (via Twitter):
Do u know tht cobra insurance is 2600 dollars a month thts just for 3 people I don't care how rich I am I aint trying to pay tht
I'm all for market-rate compensation for these guys. And I certainly appreciate what Roddy (and his fellow NFLers) risk by playing the game we love. In fact, I've gone on-record plenty re: my support for the NFLPA. But come on. $2,600 a month is too much for him?! Sounds like somebody hasn't saved 10 percent of every paycheck.
Discuss.