In this article, we will explore various ways to obtain health insurance without a job. We will discuss government programs like Medicaid and the Children’s Health Insurance Program (CHIP), as well as options
Another option may be a “special enrollment” in other group health coverage. Under the Health Insurance Portability and Accountability Act (HIPAA), in some situations, group health plans must allow those who previously declined coverage for themselves and eligible dependents to enroll. If, for exa...
The Consolidated Omnibus Budget Reconciliation Act (COBRA) allows employees and their families who lose their health benefits to continue participating in their group health plan for limited periods — 18 months for the worker, up to three years for dependents. You qualify for COBRA in cases of v...
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Here is everything you need to know about COBRA coverage. [Read:Coronavirus Small Business Guide] What is COBRA coverage? COBRA is a federal program that allows you to take advantage of your employer’s last health insurance rate. In the simplest of terms, you can continue to buy into your...
So if you retire prior to age 65, you'll need to find coverage until you are eligible for Medicare. Consider these options that may be available to you (see table). Retiring before 65? Explore health insurance options and estimate potential costs before you’re Medicare-eligible. COBRA ...
Employees should be notified of their rights to COBRA no longer than 90 days from when an employee first joins your company’s group health insurance plan. They will have their rights to COBRA explained and general guidelines for their obligations under COBRA. ...
COBRA, or the Consolidated Omnibus Budget Reconciliation Act, requires companies that offer health insurance to continue to provide coverage that might not otherwise be available to former employees. To qualify for the coverage, a former employee must me
How does COBRA work with vision insurance? The Consolidated Omnibus Budget Reconciliation Act (COBRA) allows employees to continue their group health insurance coverage after experiencing a qualifying life event, such as job loss or a reduction in work hours. However, coverage under COBRA is temporar...
COBRA packets: Employees with health insurance are entitled to continue coverage after termination via COBRA, a federal law that provides a safety net for health insurance coverage. Have the necessary information about COBRA insurance ready for the employee. Company property checklist: You must note...