Unfortunately not to some here in Switzerland. The average adult here pays around $350 USD/month for just their coverage, according to official statistics. The total cost for a family might end up less than $1400, but not by much.
A COBRA plan can be about ~$500-1000 for an individual in the US. A family can reach $2000-5000/month. Then, you are still sometimes left holding the bag for deductibles, co-pays, co-insurance and annual out-of-pocket maximums. Old but not way off: [1]. Some folks are better off on the private markets, especially exchanges.
> A COBRA plan can be about ~$500-1000 for an individual in the US. A
A COBRA plan is just continuation of the same plan, at the same cost (except that the ex-employee now covers whatever part was paid by the employer), as you had when employed.
> Some folks are better off on the private markets, especially exchanges.
Rarely for an equivalent quality plan if they were in a large group plan, which are usually better than individual plans, even exchange plans, on a cost/benefit basis. Excluding, of course, consideration of exchange subsidies if the ex-employee would qualify based on their reduced income.
Anecdotally, my employer's group health plan costs ~$650/month for just me. A roughly equivalent plan on the NY exchange is ~$750~900/month (my insurer doesn't participate in the NY exchange and also my employer customized my health plan so there's no direct comparison either way). So there's definitely some savings present.
[1] https://www.bankrate.com/finance/insurance/cobra-health-insu...