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Cobra Health Insurance Coverage


One of the problems with changing jobs is the fact that switching to a new job may result in a loss of health insurance coverage. Considering the fact that many people have ongoing medical conditions that require treatment, losing ones insurance can be a calamitous situation. As a result, many people will stay in a job unhappily in order to maintain their coverage. For federal workers, there is a huge benefit that is bestowed upon them when they exit federal service as they can maintain health insurance coverage under what is known as the federal COBRA health insurance coverage program.

Understanding What Cobra Benefits Entail

Basically, if an individual leaves the federal service and is does not have insurance in the new position they are entering they will be able to keep their coverage for 18 months provided they paid the full premium. The insurance provider would not be able to turn them down for any reason and must accept providing them full coverage for the duration of the 18 months.

At the end of the 18 months, the insurance provider may exercise the option to drop them or to keep them under coverage. Since the 18 month period will be a single payer paying for group coverage under the employers terms, any further insurance coverage will have to be an individual plan. While insurance companies are not exactly thrilled about keeping people under coverage without the option of being able to drop them, the companies are mandated to do so under federal law.

Now, COBRA is not a cheap deal as paying for a group plan will be more expensive than paying for an individual plan, but it is good for the short term if you expect to get health insurance coverage from a new employer in the near future. Also, it is good for those with pre-existing conditions insurance companies would prefer to avoid.

The Fight for COBRA Health Insurance Coverage

The COBRA program was not a program that passed the legislative body in the House of Representatives easily as there were many lobbying groups that sought to dissuade approval of the passage of the legislation. As we know now, COBRA did pass into law and is now a valid program that has helped a number of people maintain their benefits during critical transitory periods. While COBRA is not the best legal protection system for people who need medical coverage it serves its primary purpose quite well and has helped a number of people and continues to do so.

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Health Maintenance Organizations, or HMOs, are major medical health insurance programs for which you pay ahead of a time a monthly premium. For individuals who dont usually have expensive medical bills, it is possible that no services will fall outside of the deductible. For the person who travels extensively for business or pleasure having travel health insurance can provide a little more comfort in knowing that no matter what happens, and even more importantly where it happens, the majority of their costs will be covered. Certain facts should be considered in your search for health care including that number of physician including in the health plan, the quality of customer service offered by the health insurance provider, as well as the cost to you under their particular program. They are considerably cheaper as compared to regular health care insurance and the coverage are so comprehensive and provides many special and unique coverage features even with a competitive premium structure. The small business could also offer coverage for employee spouses or dependents even if the employee is responsible for some or all of the extra cost.


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Our team of insurance experts is proud to bring you all of the information you need to make an informed decision about where to find the best coverage, choosing between an HMO and a PPO plan, and how to allow your group health insurance plan change with the ever growing needs of your company. com. Taking the word of the insurance representative instead of what is written in the policy can lead to devastating financial problems if the plan is through on the disreputable health insurance carriers. Some opponents to a national health insurance system, predict that the number and the quality of physicians will decline if it become apparent that the medical field is not as lucrative as under a market demand health care system. Often, a deductible is paid, not unlike auto insurance, and everything over and above that deductible is covered by the insurance company. There are different types of travel health insurance plans available, from one day to annual trip coverage.