unless you have medical and hospital plans set up from the business you are leaving, hate to tell you this, but YOU DO. there aren't many businesses set up to pay for cobra,actually i can't think of any. if in question ask human resources
5429 is the cost for the individual . 15073 is for the family. Also there is insurance for unemployment which the cobra insurance pays.
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.
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.
No, Cobra Insurance does not offer competitive rates.
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.
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.
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.
The employer pays a percentage of payroll as unemployment insurance premiums.
The secondary insurance cover both pays and co-pays of the primary insurance depending with the insurance company.
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.
Cobra insurance coverage covers health and medical needs. They are a health insurance place. They don't cover really anything but medical and health things.
A person can find information on COBRA insurance laws online. Some online sites that offer information on COBRA insurance laws include the official U.S. Department of Labor website, COBRAInsurance, and Insure.