Q: With the new Health care Reform laws I was wondering if Cobra insurance is still retroactive and how this works?
A: Nothing in regards to the COBRA Law has changed with Health Care Reform. It still works retroactively and is very expensive. The only thing that you may experience is that if you lose employer coverage, this is a qualifying event that triggers a special enrollment period. That means you have 60 days to enroll in a qualified health plan, if you so choose. It should be much more affordable than COBRA Continuation.
COBRA continuation is very expensive. There are alternatives to COBRA continuation available. Click href=”http://cobrainsurance.com/ here for a quote, or call us at 1-877-279-7959 (8am-5pm CST) and we can help you find a a qualified health plan or another alternative to COBRA.