How Long Does COBRA Health Insurance Last After Leaving A Job?

How Long Does COBRA Health Insurance Last After Leaving A Job?

By | January 27, 2023

The Consolidated Omnibus Budget Reconciliation Act (COBRA) is a federal law that gives employees the right to continue their health insurance coverage after they leave their jobs. Under COBRA, employees can keep their health insurance for up to 18 months, but they have to pay the full premium themselves.

COBRA is a great option for employees who are leaving their jobs but want to keep their health insurance. However, it can be expensive, so it’s important to compare the cost of COBRA with other health insurance options before making a decision.

COBRA continuation coverage lasts for up to 18 months. After that, you’ll need to find other health insurance.

You may be able to get health insurance through the Marketplace. If you qualify for a subsidy, you can get help paying for it. You can also buy a health insurance plan outside the Marketplace.

If you have a pre-existing condition, you can’t be denied coverage or charged more because of it.

COBRA health insurance is a government-mandated program that allows workers to continue their employer-sponsored health insurance after they leave their jobs. COBRA coverage can last for up to 18 months, but it is typically only available to workers who have lost their jobs due to involuntary reasons, such as layoffs or termination.

While COBRA health insurance can be a lifesaver for many workers, it is important to remember that it is not free. Workers who elect to continue their coverage under COBRA will be responsible for paying the full premium, plus a 2% administrative fee. This can be a significant financial burden for many workers, so it is important to weigh all of your options before deciding whether or not to enroll in COBRA coverage.

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