Damn, those rates are CHEAP! When I got hurt in 2003, my union's medical plan worked like this:
The employer paid about $5/hour worked into the medical hours bank, then they drew out 110 hours per month from that fund to pay your insurance. So, that works out to about $550 per month. About a year after I got hurt, I got a notice that my benefits were about to expire, and if I wanted to continue with their COBRA plan, it would be $1100 per month for the first 3 months, then $1300 per month after that.
Granted, we had EXCELLENT medical, dental, prescription, and optical coverage, but Jeezus Fucking Chryst!
So far, the BEST I can find for my wife & I (both in our mid-50's) is about $650/month for a shitty plan with high-copays and high deductibles...for just medical coverage.
Enjoy your youth...old age gets EXPENSIVE!