COBRA is not insurance. In fact, there is not even a true central “company” that handles COBRA. COBRA is a law that was passed by the federal government that allows for a former employee to continue their former employees health policy for up to 18 months after leaving their job. COBRA is not a new [...]

The COBRA Subsidy does not pay a specific amount, rather is pay a percentage of your total COBRA premium. The subsidy pays 65% of your premium. So that means, if your COBRA premium was 1000 dollars per months, you are only required to pay 350. Your paying 35 cents to the dollar! Keep in mind [...]

The most recent stimulus package, signed into law on February 17, 2009, includes a section known as the COBRA Subsidy. This in fact is a subsidy offered through the Department of Labor for all those who could have or did become eligible for COBRA between Sept. 1, 2008, and Dec. 31, 2009. So if you [...]

COBRA is not a Health Insurance Plan unto its self. COBRA is the right you have, as a former employee to a company with 20 or more other employees, to continue your medical insurance for as long as 18 months (or more in certain conditions). The former employee is allowed to keep this coverage with [...]

In today’s economy, more and more individuals are being confronted with a decision to enact their COBRA Health Insurance benefit. In an economic climate filled with rising unemployment, loss of income due to loss of work hours and employment transition, this important decision is impacting more and more individuals and families.
Qualified employees, their spouses and [...]

Measuring the cost of health insurance can be an eye-opening experience. In this era of rising health costs, all employees, their spouses and even their dependents are aware of the cost of health insurance. There is no such thing as a low cost health need. Unfortunately, most individuals do not give much thought to the [...]

COBRA insurance is an extension of health care benefits that would have been otherwise lost due to a variety of reasons. There are a number of qualifying events that will make you eligible for COBRA health insurance coverage, provided you were previously covered under your employer’s major medical health plan.
The first and most common qualifying [...]