I’m leaving my current company for a better one and my doctor told me that I have to do a specific treatment, but the new insurance does not cover the treatment I need. Can I get COBRA for 3 months so that I can keep my current coverage and finish the treatment? Is it possible to go on COBRA for 3 months and also get the new insurance the company in offering to me, so I can use COBRA only for the treatment the new insurance does not cover?
Typically, you can not have two types of coverage at a time. The qualifying event of leaving a job, opens a special enrollment period to continue on that insurance if you choose. Continuing on an employer-sponsored health plan is what COBRA insurance is. When you elect COBRA, you may remain on it for up to 18 months (your dependents may have up to 36 months). It takes another qualifying event to begin new insurance. Depending on the rules of enrolling in the new insurance, you may have to wait until the new employer’s open enrollment period. At that time, you may be able to elect group health insurance.