Banco Popular de Puerto Rico
Banco Popular de Puerto Rico is a full-service financial services provider with operations in Puerto Rico, the United States and Virgin Islands. Popular, Inc. is the largest banking institution by both assets and deposits in Puerto Rico, and in the United States Popular, Inc.
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While we strongly simpathize with the plight of the unemployed, subsidizing COBRA would be a mistake. The effect could significantly drive up claims costs to the employer's plan. Former employees with health problems would find it much easier to stay on COBRA, incurring claims for 18-36 months that affect...
January 16 -
I agree that COBRA payments create "sticker shock" for most applicants. In addition, only those usable to qualify for another type of coverage take the COBRA benefit. My question is IF the benefit is subsidized where will the money come from? These are so many "needs" but we cannot fund them all. Better...
January 16 -
Where is the government going to get the money????
January 16 -
Unbelievable. Thank you for the insightful comment. Just one of the many, many reasons health care reform can't happen fast enough.
January 16 -
Wow, quite a debate we have going here! Thanks to all for your valid and thoughtful responses. We'll be featuring some of them in an upcoming issue of the magazine. Also, we're planning an upcoming feature on the proposals, and will follow the issue as it travels around Capitol Hill. Thanks for reading,...
January 16 -
An individual might be thinking they can't afford to pay the montly COBRA payment, but they should think twice if they have a chronic health condition. If they go without insurance for too long, that condition might be excluded the next time they get coverage. The future cost burden could turn out to...
January 16 -
For a typical family in my neck of the woods COBRA insurance would cost approximately $1,000 per month. The income for the same family would be a bit over $2000 per month if only 1 parent received unemployment benefits. With rents averaging $1000 per mo. there's no way that this typical family is going...
January 16 -
I think the employer should be made to subsidize the coverage.
January 16 -
Healthcare issues always create a stimulating conversation, sometimes quite intense. What strikes me is how each viewpoint appears to not be able to understand where another viewpoint is coming from.
January 16 -
If government is going to get involved, I would like to know where the money will come from to subsidize, AND see more emphasis placed on how to help employers avoid lay-offs in the first place.
January 16

