Where Should You Turn When Your C.o.b.r.a Expires-霍金hawking

Insurance C.O.B.R.A, which stands for Consolidated Omnibus Budget Reconciliation Act, allows former employees to continue with there current health insurance coverage for up to nine months after being let go from their place of employment, at having to pick up 100% of the coverage cost. There is currently a bill in Congress, that if passed will extend the period from nine months to fifteen. The government currently offers a stimulus package that provides assistance with paying the medical costs for C.O.B.R.A, but this package will expire on the 31st of December 2009, if the bill in Congress is not passed. Should this happen there will be millions of unemployed individuals without medical coverage, and requiring them to shop around for the purchase of a new medical coverage policy. One that is affordable and will provide them with the basic coverage that they require. The first step to take when trying to find health insurance would be to contact several brokers and agents who can assist you by providing a new individual health insurance policy to replace the one you will be losing. It is possible that the .pany who is currently insuring you through C.O.B.R.A. would be willing to offer you an individual plan. A phone call to them could be a starting point in your search. Even if they do make you an offer of insurance, you will want to check with other .panies for .parable plans. When you have lined up a number of health insurance plans and have .pared the coverage, co-payments, deductibles and maximum out-of-pocket expenses for which you will be responsible, it will be time for you to request health insurance quotes so that you may do a cost .parison. Costs can vary greatly between insurance .panies, so you need to examine the policies carefully and then present any questions you may have to the insurance professional representing that specific .pany. This person should clearly explain all details to you so that you have a .plete understanding of what you are getting for the premium you will be paying. If none of the policies fit within your budget, you will have to investigate what other options are available to you. Some people are able to find lower cost insurance by joining a group who purchase insurance together. A few examples of such groups are professionals, fraternities, car clubs, and other hobby groups. Others are investigating high deductible health insurance plans that offer much lower premiums but mostly provide only catastrophic coverage. If considering this type of policy, you need to realize that you will be expected to pay this high deductible in the event of an illness or accident. About the Author: 相关的主题文章: