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.
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.
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 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.
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.
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.