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Temporary Coverage Between Jobs
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Q: I am leaving a job on May 9th where I have coverage with Sagamore. I have a 90 waiting period before the insurance at my new job takes effect with United Health. I know I can carry COBRA thru my Sagamore with my old company but the coverage will cost $698.93 per month. Is there a less expensive alternative? I did have breast cancer in 2001 (including chemo and radiation in 2001 - 2002). I have a clean bill of health now and was released from my oncologist last year. Should I pay the high premium just to make sure I can continue coverage? Thank you.

A:  If you have a preexisting medical condition, your best option would be to elect COBRA. Even though COBRA coverage is costly, it would cover those preexisting health concerns. If you are looking for a discount program that would offer you a discounted price on certian medical treatment visit http://www.basichealthinsurance.com/highlights.aspx 

If it has been over 5 years than you may be eligible for or short term health policy with Fairmont Specialty Group. If you are now a healthy person who does not live in NY, NJ, MA, or VT and would be interested in a lower cost Alternative to COBRA please Click Here

 



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