I am enrolled in COBRA coverage and was wondering when my payment coupons would be mailed for April. I only had coupons up to March 2014.
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 find out about your payment coupons. Typically, the COBRA Administrator is in the HR department.
COBRA Premiums Are Expensive
When you pay for COBRA continuation, the cost may be unaffordable. The reason is that you are paying the full health insurance premium, including the portion your employer paying and in many cases a 2% administration fee for a third-party administrator.
More Affordable Than COBRA
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.