Can you get COBRA insurance if you quit your job?
My husband is getting ready to switch jobs, and we are trying to figure out insurance for my three kids until the benefits from the new insurance kick in (90 days). We can't ask his HR department because he is still in the interview process and hasn't recieved the job offer yet so we don't want them to know he is looking. I'm looking into just having them insured with a temporary policy from a private insurer like Anthem, but we want to look into all of our options before we choose one. If you have any suggestions please feel free to share them! Thank You!
Asked By: roxiecat4200 - 5/27/2007
Best Answer - Chosen by Asker
You can get insurance under COBRA if you quit. You must pay the full price. If you only paid 20% before it will cost 5 times as much (for example... More
Answered By: Barkley Hound - 5/27/2007
Additional Answers (6)
Yes, absolutely, it is the law that for whatever reason you leave a job, your company has to offer you cobra insurance..you will have to pay for it, even if your company pays for it now, but it is cheaper to do that than take out a private policy. I had coverage on my husband when he developed cancer and during his... More
Answered By: judy c - 5/27/2007
COBRA insurance will cost you a fortune. When I changed jobs my insurance went from $70 a month for an individual policy to over $600 a month, so if you have 3 kids and two adults... well I just hope his new job pays REALLY well. Does his new job have insurance? Some companies begin coverage right away and others... More
Answered By: Lola - 5/27/2007
The temporary policy you are looking at will cover you fine if as long as you do not have any major pre-existing conditions... More
Answered By: Rick - 5/27/2007
Yes, if there are at least 20 employees, the employer is required to offer it. If there are fewer, they still may, but aren't required to.
Answered By: mbrcatz17 - 5/27/2007
Yes. I switched jobs a few years ago and I used Cobra until my new job's insurance because available. It costs a lot of money to do this but it is better than the cost of medical bills when you are uninsured.
Answered By: JAC - 5/27/2007
COBRA will be available to you for 18 months if you leave your job. Under the COBRA act if you have a pre-existing condition then the number of months you had with your previous health carrier "erases" the number of months that you would have the pre-existing conditions excluded. A short term policy( 30, 60 or 90... More
Answered By: blb - 5/29/2007
Over 483 Local Jobs Now Hiring In Your Area. $18-$87/Hr - Apply Today!
$21/hr Start, Avg Pay $72K/yr Check Our Map of the 1700 Openings.
Earn $80k Bookkeeping. Take Classes Right From Home And Get Certified.
Jobs hiring near your local area. Part-time, Full-time, Work at home.
Other Career Questions
Do most mechanical engineering jobs offer job security?
What is your current job? Why did you choose this job? What do you enjoy about your job? What do you dislike about your job? What would be your perfect job? Would you rather have this j...
Where are the jobs? Is productivity and globalization creating a permanent “recession” of jobs? My main issue is I am doing a paper for school and have no idea where to begin. I was hoping suggestions...
Content is not owned or controlled by Monster. Any content concerns should be addressed with Yahoo!
Yahoo! Does not evaluate or guarantee the accuracy of any Yahoo! Answers content. Yahoo! Disclaimer.
Best-Paying Work-from-Home Jobs
It’s easier than ever to work from home. Of course, not every job is a mobile job, and some companies aren’t interested in having their employees work from home.
2013 Marketing Jobs Outlook
The US may be facing another year of anemic hiring overall, but that won't be the case in the high-orbit world of multichannel, digital media marketing.
2013 Engineering Jobs Outlook
Engineers will find job opportunities in select disciplines in 2013, with candidates who are all-around, client-oriented businesspeople in demand.
Best-Paying Jobs by Major
What could you earn with a particular four-year degree? Find out by checking out this list of the top-paying jobs for 20 of the most common majors.
Eight High-Paying, Secure Jobs
Want to earn a good salary and enjoy a measure of job security as well? Check out these well-paying jobs on tap for fast growth in the coming years.