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What is COBRA? Federal law requires many employers to offer continuation health insurance coverage to laid-off workers for 18-36 months. Up until recently, COBRA premiums were subsidized up to 65%. Once again, employees must pay the full cost plus an administrative fee.
What else can I help you with?
What is Cobra Health Insurance?
COBRA health insurance provides former employees of the company with health coverage. More information on Cobra Health Insurance can be found at the cobra government webpage.
What if the cobra insurance coverage is better than the new employer's insurance, can I still keep the cobra coverage?
If the COBRA insurance coverage is better than the new employer's insurance, you may choose to keep the COBRA coverage instead of enrolling in the new employer's insurance.
Does Cobra Insurance offer competitive rates?
No, Cobra Insurance does not offer competitive rates.
How long has Cobra Insurance been operating for?
Cobra Insurance has been operating since 2006. Cobra Insurance is a firm of insurance brokers and was formed by a merger in 2006 of two previous companies.
Is cobra coverage the same as my insurance plan?
Cobra coverage is not the same as your insurance plan. Cobra is a temporary continuation of your employer-sponsored health insurance after you leave your job, while your insurance plan is the coverage you have while employed.
Is dental insurance covered under COBRA?
Dental insurance is not typically covered under COBRA. COBRA generally only applies to health insurance plans provided by employers with 20 or more employees. Dental insurance is considered a separate benefit and may not be included in COBRA coverage.
What does cobra health insurance have to offer?
Cobra Health Insurance is relatively cheap compared to that of other insurance companies. However, cobra insurance expires after only eighteen months therefore forcing their customers to find someone else.
Where can I find out more info on cobra insurance?
The best place to find information on Cobra insurance is at their online site at www.cobrainsurance.com. Cobra insurance offers up to 65% off the price of a regular health plan.
How much does a cobra cost?
5429 is the cost for the individual . 15073 is for the family. Also there is insurance for unemployment which the cobra insurance pays.
If you retire and have cobra insurance from a previous employer and get a new job with insurance can you still keep your cobra insurance and which insurance is the primary insurance?
COBRA insurance is a guarantee that your health insurance is portable when you leave the job. It is now private insurance where you are paying for it. The cost is probably higher than the employer provided insurance so you would want to look at the 2 carefully and determine which would be most economical. It does not make sense to pay for two policies. If your new job pays for (some of) the insurance dump your COBRA.
How long can I maintain Cobra Insurance after I lose my job?
You can maintain Cobra Insurance for about 18 months. The stimulus package that passed last year also enables greatly reduced fees for continuing health insurance coverage under COBRA.
Is it possible to cancel COBRA insurance at any time?
Yes, it is possible to cancel COBRA insurance at any time, but you may need to follow specific procedures outlined by your employer or the COBRA administrator.
