archbish99 wrote:Basically. COBRA may be an option, but it's generally pricey. It's a good fallback in case the private insurance market doesn't like her and you need it before ACA kicks in.
My experience on several occasions with COBRA (for me) was that the cost was not unreasonable and was the same as what the employer paid (I think they can add a percent or two). Plan ahead for COBRA, converting from the employer plan to individual coverage or finding separate insurance privately. Ask the insurance plan you have now about options for her to convert when you retire.
Do you have any choices of plans now from the employer? If so, check out which choices are more easily converted and consider switching to that choice. My experience is that HMOs are easier to convert, but that may nit be the case with you.
Because of the Affordable Care Act going into effect, the answers on this change all the time. Also, the "rules" and choices vary by state.
Finally, a last thought, might you consider not retiring so that, at least, she would have COBRA until she was eligible for Medicare? [I think COBRA is usually 18 months limit]