COBRA Insurance In The State Of Maryland
Maryland’s mini-COBRA law allows for continuation of group health insurance for employees who have lost their job and meet certain eligibility requirements. The average cost for this continuation coverage is typically 102% of the total premium cost for the individual and their dependents.
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COBRA Eligibility
What Type Of Health Coverage Do You Need In Maryland?
Coverage For Pre-Existing Conditions
COBRA
Medicare
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Maryland Mini-COBRA Law
Maryland’s mini-COBRA law, also known as the Maryland Health Insurance Continuation Coverage Law, allows individuals who have lost their job and meet certain eligibility requirements to continue their group health insurance coverage.
This coverage can last up to 18 months. The average cost of this continuation coverage is typically 102% of the total premium cost for the individual and their dependents. To calculate your cost of COBRA, take the amount you were paying by payroll deduction and add that to the amount the employer was subsidizing.
This law is codified in the Annotated Code of Maryland, Insurance Article, Title 15, Subtitle 6, Section 15-610.
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Health Insurance For Pre-Existing Conditions In Maryland
If you require frequent medical visits or prescription prescriptions in Maryland, continuing your employer-sponsored health insurance can be a wise decision. Your insurance plan will remain unchanged, and you will not be required to reset your deductibles. Coverage will resume from the date it was terminated, ensuring a smooth transition of care.
Maryland Mini-COBRA
To be eligible for Maryland’s mini-COBRA coverage, an individual must meet the following criteria:
- They must have been covered under a group health insurance policy sponsored by a former employer
- They must have lost their job through no fault of their own (e.g., layoff, reduction in hours)
- They must not have become eligible for Medicare or have another group health insurance coverage available to them.
- They must have a COBRA qualifying event, which typically includes loss of coverage due to a job loss, reduction in hours, death, divorce, or loss of dependent status.
Apply For COBRA
Employer Has 20+ Employees
As an employee, you may continue your most recent work health insurance for up to 18 months. Family members may access the plan for up to 36 months.
You sign up for COBRA with your former employer or their third party. The premium will be $400 – 700 / month, per insured person.
Marketplace / Obamacare
A loss of work health insurance is a qualifying event to find new healthcare through the public healthcare exchange.
In 2023, the average plan premium in Maryland is $385/ month per person.
Medicare
After your workplace insurance ends, you’ll sign up for Medicare within 8 months.
In general, you can sign up for Part A and Part B starting three months before your 65th birthday and ending three months after your 65th birthday.
Learn more about Medicare deadlines and how Medicare Advantage plans can replace original Medicare at no cost to you.
COBRA Is Available In All 50 States
Employee continuation of health insurance coverage is not required in all states. When a state lacks laws governing the continuation of work-related medical benefits, the federal COBRA Act protects these rights. Find out more about your state.
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