I’m interested in getting COBRA Insurance. How much is COBRA?
On Average, The Monthly COBRA Premium Cost Is $400 – 700 Per PersonContinuing on an employer’s major medical health plan with COBRA is expensive. You are now responsible for the entire insurance premium, whereas your previous employer subsidized a portion of that as a work benefit. Often times there is a 2% administration fee that may be legally added on.
What Is My Cost?
After your work health insurance ends, you will receive a notification from your employer on how to enroll. This notification is to come within 45 days of the plan ending.
In this notification, you will learn what your actual COBRA premium costs will be.
Who Do I Make Premium Payments To?
As COBRA coverage is the same work health insurance you had, you will make your monthly premium payments to the employer or their appointed third-party administrator. Look at the COBRA election notice you were sent for the payment address or if you can arrange payments online.
Is Your Paperwork Missing?
If you have not received the paperwork to enroll in COBRA, you should contact the human resources department that provides this insurance.
Do You Qualify For COBRA?
If you are unsure if you qualify for COBRA, please try the Quick Check Eligibility Survey.
Find out if you qualify
What Is COBRA?
COBRA is a federal law that requires employers with 20 or more employees to offer the same group health care coverage after you’ve voluntarily or involuntarily left your job or have had your work hours reduced.
Get Advice From COBRA Experts
Do you have more COBRA questions? Try contacting a healthcare.gov certified insurance specialist. These COBRA customer service agents are licensed in all 50 states. They can offer advice and alternative plans that best suit your needs.
Temporary and Affordable Health Plans
We are COBRAinsurance.com — a private health insurance company, established in 2001, that publishes online information on how the federal COBRA law works. We also provide an alternative to COBRA if it is unavailable or you simply can not afford it. You can remain insured and have health coverage for new illnesses or injuries with Short-Term Medical Insurance
Call For Advice: 1-877-262-7241
Get A Quote On Short-Term Medical Insurance