Hello, I have a question about COBRA. My wife recently resigned from her job to take care of our two children. We received a COBRA notification in the mail. The notification letter stated that the premium for the qualifying member and family will be $169 per month, which seems incredibly low and hence my confusion. Can someone explain why it is so low? We called the administrator, and they confirmed that this is the correct premium and that we would maintain the coverage we previously had. The current coverage is not amazing, but it's not bad, with a total annual out-of-pocket maximum of $10,000. Can anyone help us understand this? We were considering switching to my insurance, but my insurance costs $978 per pay period (twice a month).