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Cobra insurance allows you to keep your health benefits after losing a job. This is important to maintain consistent coverage, allowing you to avoid problems with pre-existing conditions down the road. Unfortunately, Cobra health insurance is extremely expensive. It's not that the rates are raised, it's simply that your former employer is no longer footing part of the bill.

Many companies choose to pay some part of their employee's health insurance expense. This can range anywhere from 20% of the bill to the full premium. When you are no longer employed by the company they will not continue paying that portion of the premium. It will be passed directly on to you, allowing you to see the full cost of your health care coverage.

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Q: Why Cobra Insurance is More Expensive?
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Related questions

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.


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.


Do you keep your health insurance while on workmens compensation?

Yes, the insurance is kept but you must pay the full amount your employer paid. If not Cobra insurance will be offered at a very expensive rate.


What is a good health insurance company?

Health insurance is quite expensive and is best gained via your employer as the cheapest means. For public insurance, there is COBRA. There are other small insurance companies that may have lower rates.


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 insurance more expensive on a red car?

No.


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.


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.


Is insurance more expensive for a Pontiac Sunfire?

Than what?


Is insurance more expensive for a home with an open foundation?

No.


Is a car insurance policy cheaper if you don't add collision?

Yes, absolutely it is more expensive! Collision is the more expensive part of any auto insurance policy.