Q:My job will be eliminated and I am forced to retire. Can I get Cobra Insurance? I am only 55 but have 20 years in with the company.
A:As long as your job has more than 20 employees and there is still a group health insurance plan still in force, Cobra should be an option to you.
If you need to elect Cobra or are finding out more information regarding your Cobra Benefits, you must contact your employer. They send out a packet for you to continue (or extend) your current health coverage.
There will be NO lapse in your coverage if you elect Cobra with your past employer. Cobra goes back retro-active once you sign up within the time frame listed in the packet. It WILL cover all pre-existing conditions since it is the same health plan you had. If you are pregnant or are seeking treatment for any type of health conditions, you really should consider continuing on Cobra. This will be your only option to have coverage for any pre-existing condition.
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