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Health Insurance when changing jobs?
Is Cobra still around or how about any other Health Insurance to have until the new job insurance kicks in, this will be needed for 2 months. Thanks in advance Gents...
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Originally posted by Silverback -
Yes. You usually pay your portion AND the employer's portion of the insurance premium during that time. This make is roughly double your current premium, sometimes more. -
^^^, the price depends on how much your employer pays, but you are right, the full amount will be due. My current employer pays 95% of the cost, so if I got COBRA thru them, it would be a lot more!Comment
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Yeah the cool thing about Cobra is you have 60 days to sign up for it. So you can wait it out, if something happens sign up for it on day 59. You'd have to pay the entire premium but if you don't need it at day 60 then save your money.
Mine would be $3495 per 1/4 for me and the wife but that's Tricare's plan. I'm not paying that much for health insurance.Comment
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You might verify this, but when I changed jobs recently I was told I could retroactively sign up for COBRA in case something catastrophic happened. Else it was just hope nothing expensive came along while I wasn't covered.
And Nobamacare tax will allow for a 3 month lapse in coverage for job changes, if that comes up.Men have become the tools of their tools.
-Henry David ThoreauComment
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Yep, as they said, you can do Cobra retroactively - only sign and pay if you need it.Originally posted by davbrucasComment
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Don't start that rumor, you know I'm barely scraping by as it is...Originally posted by yellowstang View Post
Originally posted by SilverbackComment
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Left the decimal out, $34.95 is pocket change for 'HOriginally posted by Rick Modena View PostDon't start that rumor, you know I'm barely scraping by as it is...Comment
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