A COBRA extension to include granted if you have "qualifying life events" possibly birth, death, marriage, or divorce. However, at many point, your COBRA benefits will in the end have to expire, while he approach the expiration should go as mandated by federal government law.
In that rucksack, your only recourse could well be to find your own a sound body Insurance. After all, the only purpose of COBRA can be to Help you "bridge the gap" within the coverage offered by prior to former employer and visiting new health Insurance coverage available for you.
Is it more fairly to seek a COBRA extension or to purchase your own health Insurance? You know, COBRA requires you to fork out 100% of your individual medical Insurance premiums, whereas your employer was paying a substantial percentage of your premiums that, on your behalf. Contingent upon your circumstances, it is quite possible to find a better deal if you purchase your own health Insurance than providing you maintain your COBRA policy cover.
When comparing health Insurance advance, you have the freedom and flexibility a choice of how much you want to pay for your premium for no matter the coverage you desire. Under COBRA you really only had one or two choices. There is a more expansive array of options out there while shopping for private health Insurance.
How much deductible are you actually planning pay? How much you can you buy in premiums? Or would you prefer your expenses to be variable and pay a greater deductible instead? Do for Maternity coverage or prescription drug coverage? You have greater flexibility to discover the type of plan motive why specifically suits your needs including your budget.
So you need to weigh your options: Are you really better off making a COBRA extension?
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