COBRA will be available to you for 18 months if you leave your job. Under the COBRA act if you have a pre-existing condition then the number of months you had with your previous health carrier "erases" the number of months that you would have the pre-existing conditions excluded. A short term policy( 30, 60 or 90 days policies) do not count to "erase" those months. Make sure you pay for the coverage thru your previous carrier or take out an individual policy (just not a short term policy). Your previous employer can charge you 102% (the 2% is for their administrative charges) You can get more info on COBRA at http://www.dol.gov/ebsa/faqs/faq_consumer_cobra.html
by blb - 6 hours ago
Yes. I switched jobs a few years ago and I used Cobra until my new job's insurance because available. It costs a lot of money to do this but it is better than the cost of medical bills when you are uninsured.
by JAC - 6 hours ago
Yes, if there are at least 20 employees, the employer is required to offer it. If there are fewer, they still may, but aren't required to.
by mbrcatz - 6 hours ago
The temporary policy you are looking at will cover you fine if as long as you do not have any major pre-existing conditions. Keep in mind, most of the Temporary policies do not have office visit and Rx Drug co-pays.... these service (for the most part) are subject to your deductible and co-insurance. Also - keep in mind Federal COBRA only applies to companies that have 20 or more employees. If everyone in your family is healthy - the temporary policy will do just fine until his employee benefits kick in.
by Rick - 6 hours ago
Yes, absolutely, it is the law that for whatever reason you leave a job, your company has to offer you cobra insurance..you will have to pay for it, even if your company pays for it now, but it is cheaper to do that than take out a private policy. I had coverage on my husband when he developed cancer and during his illness, I changed jobs, but I was able to carry the cobra on him until my new policy kicked in..however, they only have to offer it for 6 months so make sure you get anew policy as soon as possible, and by the way, I hope he gets the job if it means advancement for him..and your kids will be covered..make sure he asks his HR director for the form as soon as he leaves the company to continue his insurance..youonly have 30 days to apply for the cobra.
by judy c - 6 hours ago
COBRA insurance will cost you a fortune. When I changed jobs my insurance went from $70 a month for an individual policy to over $600 a month, so if you have 3 kids and two adults... well I just hope his new job pays REALLY well. Does his new job have insurance? Some companies begin coverage right away and others make you wait 30-180 days before coverage begins.
by Lola - 6 hours ago
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