American Rescue Plan Act of 2021’s COBRA Subsidy Ends September 31. What’s next?

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Q: I will be losing my job and my health care insurance was partially covered by my employer. How much do I have to pay now?

A: COBRA is simply the continuation of the same coverage you had through a previous employer, except you pay up to 102% of the premium. This may vary by company, so you should discuss your options with HR or ask for the contact information of the COBRA Administrator.

COBRA continuation is very expensive. There are alternatives to COBRA continuation available. Click href=” here for a quote, or call us at 1-877-262-7241 (8am-5pm CST) and we can help you find an alternative plan.

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Short-Term Health Insurance is popular and available in most states to cover gaps between major medical plans.

These plans also cover COVID-19 hospitalization. After deductibles and coinsurance, many plans will have $1 million in coverage.

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