I have put in notice at my job and am trying to figure out a budget. I asked my HR department what my COBRA payments will be and they seem unsure and told me I would receive the information in the mail after I leave. Are they obligated to provide me with this information now or do I have to wait for my letter?
Legally, your employer has 45 days to send you COBRA paperwork to elect continuation of health insurance. They are not obligated to give you information now, just before the 45 days. In some cases, HR might not know as they may contract a third party administrator to handle payments to the insurance carrier.
You Qualify For COBRA If You Quit
To become eligible for COBRA insurance you must have a qualifying event. This includes putting in your two weeks notice and quitting your job. The only job termination that would make you ineligible for COBRA would be acts of gross misconduct in the workplace.
Affordable Temporary Health Insurance
If you are fairly healthy and still want to remain insured, alternatives to COBRA insurance may be available based on where you live. Short-term health insurance is a popular option and available in most states. This can protect you from high medical costs of new injuries or new illnesses that unexpectedly occur while allowing you to use any licensed doctor. Coverage is available up to $1 million per person. For more information and pricing, you can call us at 1-877-262-7241 or complete a free quote online.