Recently left your job? Expecting to lose access to group health coverage? You may have more control over the situation than you think. According to the Consolidated Omnibus Budget Reconciliation Act (COBRA) passed by Congress in 1986, one of your options is to temporarily extend your current health care plan at the same price negotiated by your employer. But while COBRA premiums can be less expensive than some individual health insurance plans, this isn’t always the case. Because most employers supplement employee health care, continuing your former coverage can be a very expensive proposition once your employer stops contributing to the total cost. In fact, many people mistakenly believe that COBRA is their only option. Don’t make the same mistake. Learn more about COBRA alternatives by getting comparison quotes at eHealthInsurance before you make a decision.
Get a free Health Insurance Quote from NetQuote