What is COBRA?

COBRA Insurance FAQ's: "What is COBRA?"

The Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA) requires most employers with group health plans to offer employees the opportunity to continue temporarily their group health care coverage under their employer's plan if their coverage otherwise would cease due to termination, layoff, or other change in employment status (referred to as qualifying events).

QUESTION… “My child is coming off of my insurance, what do I do now?"

ANSWER
If you or your Child has recently graduated, are no longer a full time college student, gotten married, etc, and is coming off the parent’s employers group health plan, due to "loss of dependent status", Cobra would be your best option, unless you are in reasonably good health.

If you are in relatively good health with no significant pre-existing health conditions and do not reside in the states of NY, NJ, MA or VT. You may be eligible for a lower cost COBRA alternative. Click Here for COBRA Options

Cobra is a federal law, applicable in all states, allowing the continuation on your parent's employer’s group health plan, with all benefits remaining the same. All information regarding Cobra should be obtained through your parent’s employer.

For more information regarding the lower cost COBRA alternatives, please contact us at
1-877-279-7959. Click Here for COBRA Options

QUESTION... "Why is my COBRA premium so expensive?"

ANSWER
Your premiums are high because you are now paying the full medical insurance premium that your employer was paying plus an additional 5%-15% for administration of COBRA.

If you are in relatively good health with no significant pre-existing health conditions and do not reside in the states of NY, NJ, MA or VT. You may be eligible for a lower cost COBRA alternative. Click Here for COBRA Options

For more information regarding the lower cost COBRA alternatives, please contact us at 1-877-279-7959. or Click Here

QUESTION... "My insurance is ending soon and I still have not received my COBRA information."

ANSWER
The employer or their COBRA plan administrator have up to 45 days to get the information to you, once you elect to continue with the employer group plan and make payment, coverage will be issued retroactively.

If you are in relatively good health with no significant pre-existing health conditions and do not reside in the states of NY, NJ, MA or VT. You may be eligible for a lower cost COBRA alternative. Click Here for COBRA Options

For more information regarding the lower cost COBRA alternatives, please contact us at 1-877-279-7959. or Click Here

QUESTION... "How Do I Get COBRA?"

ANSWER
COBRA is not an insurance company or provider.COBRA is simply a federal law allowing a continuation of the same benefits you were receiving when you were employed, including pre-existing conditions, only now the entire premium amount is your responsibility, any questions having to do with COBRA coverage should be directed to your ex-employer or the COBRA plan administrator that the employer uses to handle their ex-employees COBRA benefits.

If you are in relatively good health with no significant pre-existing health conditions and do not reside in the states of NY, NJ, MA or VT. You may be eligible for a lower cost COBRA alternative. Click Here for COBRA Options

If you are in poor health with pre-existing health conditions. You will most likly want to elect your employers COBRA option.

For more information regarding the lower cost COBRA alternatives, please contact us at 1-877-279-7959.

COBRA Insurance Information Advocates

Hello, we will be posting COBRA questions and answers on this site to help everyone with the highly complicated task of figuring out their COBRA options.

We are the COBRA Insurance experts, and offer free COBRA consulting, via email or by phone.

If you have any questions right away please go to http://www.cobrainsurance.com/ and ask us a question or Call 1-877-279-7959 for a COBRA expert.