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COBRA Alternatives May be Necessary if COBRA Eligibility is in Question
By Tom Carolan
There are certain eligibility requirements that must be met in order for a person to qualify for COBRA
benefits. The Consolidated Omnibus Budget Reconciliation Act was enacted by Congress to protect
people from losing health insurance due to the loss of a job, the death of a sponsoring family member,
a divorce, the death of the sponsoring family member, and other life altering events that are deemed
eligible.
Usually, if a person leaves a job, they have the right to purchase health insurance on the group plan
sponsored by their employer for up to 18 months, due to the provisions of the law under COBRA. The
employer is required to notify the former employee of the cost of their insurance premium in writing.
Employers also give a verbal explanation at the exit interview.
There are some cases where people find out that they are not eligible to receive extended health
benefits under COBRA provisions. The people affected are unpleasantly surprised when they discover
their status, if ineligible. If a person discovers he or she cannot receive benefits under COBRA, there
are other options that are available and they must act quickly because time is of the essence. Most
insurance companies will not cover pre-existing conditions if there is a break in coverage of more than
60 days, so it is important that if a person is recently separated from their job that they contact a health
insurance agent so they can understand all of their options.
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