Quote
Buy
Print Policy
" My employer referred me to VIPER Health Insurance after the unexpected cost of COBRA forced me to decline coverage. I was able to purchase an affordable health insurance plan that enabled me to choose my own deductible and lower my monthly premium " Sara M. - Texas
What is COBRA continuation of health insurance coverage ?
COBRA Health Insurance Coverage Plans & Benefits Continuation of Health Coverage — COBRA
The Consolidated Omnibus Budget Reconciliation Act (COBRA) gives workers and their families who lose their health benefits the right to choose to continue group health benefits provided by their group health plan for limited periods of time. COBRA medical coverage is available when health benefits are lost under certain circumstances, such as voluntary or involuntary job loss, reduction in the number of hours worked, transition between jobs, death, divorce, and other life events. Individuals who qualify for COBRA continuation of health insurance may be required to pay the entire premium for coverage up to 102 percent of the cost of the plan. COBRA medical insurance also has restrictions in terms of how long of a time period the individual or family are eligible for coverage.
COBRA generally requires that group health plans sponsored by employers with 20 or more employees in the prior year offer employees and their families the opportunity for a temporary extension of health coverage (called continuation coverage) in certain instances where coverage under the plan would otherwise end. COBRA outlines how employees and family members may elect continuation coverage. It also requires employers and plans to provide notice.
Frequently Asked Questions: COBRA
Continuation of Health Insurance
Provides answers to
commonly asked questions about COBRA medical.
Copyright © 2006 viperhealthinsurance.com VIPER is a Registered Trademark of VIPER Health Insurance