Losing your job is upsetting— especially since your employer-sponsored health insurance plan ends on the last day of your employment. COBRA and Obamacare plans offer alternative health insurance for the unemployed. Here’s what you need to know about both. Keep Your Coverage With COBRA Passed b...
Short-term health insurance (STLDI) is a temporary health plan designed to provide limited coverage during transitional periods, such as between jobs or waiting for ACA-compliant insurance. These plans are not ACA-compliant, typically last one to four months, and offer quick enrollment with minima...
1. Blue Care Network of Michigan: Part of the Blue Cross Blue Shield network, Blue Care wins the crown for working closely with low-income and unemployed Michigan residents, aiming to keep them healthy and lowering costs with preventative care where they can. ...
No health insurance at work? Find out how much private health insurance costs and where to find private health insurance companies.
Unemployed women have higher health insurance coverage rates than unemployed men. However, women are less likely to elect COBRA coverage than men, and therefore have lower rates of coverage from their former employers than men.Berger, M. C....
The past two weeks have seen more people file for unemployed claims than during the first six months of the Great Recession, a sign of how rapid, deep and painful the economic shutdown has been on many American families who are struggling to pay rent and health insurance costs in the ...
There's a lot to learn about the world of Medicare. You'll need to know about Medicare Parts A, B, and D, as well as Medicare Advantage and "Medigap" supplemental insurance plans. In brief: Part A covers hospital costs after you meet a deductible. Part B is optional coverage for med...
Start for $0Looking for more information? Related Articles Video: What is the Affordable Care Act Individual Mandate?Video: Affordable Health Care Act Explained - Obamacare FactsHealth Insurance Assistance for the Unemployed5 Steps to Navigate the Healthcare MarketplacesVideo: The Affordable Care Ac...
The cost of COBRA insurance for a single person depends on the full premium of the health plan previously contributed to by both the employer and the employee, plus a 2% administrative fee. This amount varies significantly based on the employer’s health plan costs and the coverage level select...
For example, when I had private health insurance in the U.S., my policy included a large deductible, exclusions, a lifetime cap, and other policy terms that often changed. And when I received medical services in the U.S., the doctor bills, lab bills, and hospital bills were unclear. ...