COBRA vs Marketplace ACA 2027 Cost Calculator
Compare COBRA (continue employer health insurance, full premium) vs ACA Marketplace (subsidized by income) 2027 — usually ACA much cheaper post-layoff.
COBRA Mechanics
Continue employer health plan post-termination. Full premium (employee + employer share) + 2% admin fee. 18-36 months coverage. No income test.
ACA Marketplace
Buy individual policy at healthcare.gov. Subsidies based on income vs Federal Poverty Level (FPL). At 200% FPL, premium capped at 2% of income. At 400% FPL, 8.5%.
Special Enrollment
Job loss triggers Special Enrollment Period — 60 days to enroll in ACA. Use this window. After 60 days, must wait open enrollment (Nov-Jan).
When COBRA Wins
Need to keep current doctors/network. Mid-year deductible mostly met. Pre-existing condition + ACA carrier excludes treatment. Brief gap fill (under 60 days).
Source: healthcare.gov, cms.gov COBRA Notice rules. Last updated: May 2026.
Frequently Asked Questions
Can I switch from COBRA to ACA?
Yes during open enrollment (Nov-Jan). Or if COBRA expires (Special Enrollment triggered). Don't drop COBRA mid-year unless ACA enrolled.
What if I take new job?
New employer plan = end COBRA. Wait period applies for new plan. COBRA may bridge wait period (or ACA for cheaper).
COBRA for spouse if I die?
Yes. COBRA available 36 months for spouse + children after employee death. Same full-premium cost.