I’m in California and was on COBRA from my last job for a year or so and it was expensive! Almost $400/mo as a 40 year old woman. I signed up for healthcare through Covered California (CA version of the health benefit exchange) and it was much lower. Subsidies are available on a sliding scale depending on your income and since I was starting my business in earnest last year, my tax return for 2014 reflects a particularly low income. I’m sure I’ll have to pay more in the future as my business grows, but for now, the subsidy is nice.