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Benzinga explains COBRA health insurance and how to get it, demonstrating how you can keep your coverage after losing a job or moving on.
COBRA continuation coverage helps employees keep health insurance when their employment ends. This coverage can work with Medicare.
If you choose to enroll in Cobra, you'll continue the same medical-plan coverage you had when you were working. Supplemental coverage, such as disability and life insurance, aren't covered.
What is the deadline to sign up for COBRA insurance? Generally under the federal COBRA rules, you have 60 days from the date of the qualifying event to choose to elect continuation of coverage.
However, their cost for COBRA coverage will be greater for the last nine months of such coverage. Of substantial importance is that the insurance premiums must be paid on time.
If an employee who qualifies for Social Security disability benefits terminates, special rules allow up to 29 months of COBRA coverage. COBRA also permits dependents of Purdue employees to be insured ...
Obamacare has changed all that. There are now many more options when you lose your insurance at work. Under the Affordable Care Act, the loss of employer-based coverage now triggers what is ...
Health insurance plays a vital role in keeping you healthy by covering preventive services and picking up part of the costs ...
What is COBRA? In compliance with the Consolidated Omnibus Budget Reconciliation Act (COBRA), Purdue allows continuation of group medical insurance and health care flexible spending accounts for up to ...