Eligibility:If you’re leaving your job or facing a reduction in hours,COBRA health insurancecould be for you. Other qualifying events include divorce, legal separation, or a dependent child losing their status. Signing Up:Your employer should send you a COBRA election notice with all the detail...
Yes. Many people opt for purchasing their own health coverage through a private health insurance company rather than applying for COBRA. Individual plans can be much more affordable than staying on an employer plan. Selecting your own plan also gives you more choices about the type of coverage ...
Healthy individuals can explore the option of a low-costhealthcare discount plan. But these plans don't count as insurance coverage, which can make it difficult to get health insurance in the future since signing up for one of these plans means that insurance coverage is considered to have be...
If an enrollee is entitled to less than 36 months of continuation coverage under COBRA health insurance and has exhausted continuation coverage under COBRA, California health plans must offer the enrollee the opportunity to continue coverage for up to 36 months from the date the enrollee's continuat...
Short-Term Coverage:Short-term health plans provide temporary month-to-month coverage and can be a practical solution for those in good health or waiting for new employer-sponsored insurance to begin.Explore short-term health plans
Although convenient and better than none, COBRA health insurance coverage can be quite expensive. Even "group rate" health insurance is nowhere near cheap; worse, employers typically do not help to pay the premiums for COBRA health insurance, as they often do for traditional group plans. ...
Compare COBRA health insurance alternatives at eHealthInsurance and you could save hundreds of dollars per month on your health insurance coverage.
Short-Term Health Insurance:Short-term plansoffer temporary, stopgap coverage, often used to bridge the gap between major medical insurance. While generally cheaper than other options, they also offer fewer benefits and may not cover preexisting conditions. ...
Short-Term Health Insurance:These plans are for a short time and usually cost less, but they don’t cover as much as other plans. They often don’t cover health problems you already have. Looking into these options might help you find health insurance that fits your needs and budget better...
The COBRA Subsidy and Health Insurance for the Unemployed (Washington: Kaiser Commission on Medicaid and the Uninsured - Schwartz - 2009Schwartz, Karyn, "The COBRA Subsidy and Health Insurance for the Unemployed," Kaiser Commission on Medicaid and the Uninsured, Policy Brief, March 2009, www.kff...