ody Q: I have been unemployed since Sept 2013 my insurance expires in 3 weeks I want to keep this insurance I have tried to find a job but have not found one yet do I have any grace time before my medical coverage expire.
A: COBRA is not an insurance company.
COBRA is a federal law that requires employers with 20 or more employees to offer the continuation of the same group health care coverage after you’ve voluntarily or involuntarily left your job, or have had your work hours reduced. Typically, COBRA continuation only last 18 months, but in some circumstances with a second qualifying event, COBRA can continue up to 29 or a max of 36 months.
Because COBRA is simply the continuation of the same coverage you had through a previous employer, you would need to contact the COBRA Administrator at your previous employer to discuss additional coverage. Typically, the COBRA Administrator is in the HR department.
In the mean time, 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 an alternative plan.