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You can keep COBRA coverage for 18 or 36 months, depending on your situation. COBRA allows you to keep providing insurance coverage for your spouse and dependents as well. If you have Medicare ...
COBRA, or the Consolidated Omnibus Budget Reconciliation Act, is a law that gives employees and their families who lose their health benefits the right to choose to continue receiving benefits ...
COBRA (Continuation of Health Coverage): COBRA is designed to prolong your health insurance coverage if you’re no longer employed. It isn’t creditable coverage for original Medicare but may be ...
I f you lost your job or your employer dropped your insurance, you will qualify for a special enrollment period. You may also qualify for a subsidy to help you purchase insurance, depending on ...
In addition, employees who lost group health insurance due to reduced work hours on or after Sept. 1, 2008, followed by involuntary termination between March 2 and March 31, 2010, will now be eligible for the COBRA subsidy. [23] The Continuing Extension Act of 2010 extends premium assistance for COBRA benefits through May 31, 2010. [24]
Cons. Outlook. Some pros of Obamacare include more affordable health insurance and coverage for preexisting health conditions, while some cons include people having to pay higher premiums. The ...
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