Recently in Cobra Health Insurance Category

Parts of the US are beginning to experience higher unemployment - Southern Florida, parts of California, for example.  Amongst all the other problems unemployed workers face is how they will continue to be covered by health insurance.  Most employees know about COBRA:  the ability to continue on their employer's health insurance program after their employment has been terminated.  But not all of them understand that they must pay 100% of the monthly premium.  Most employers who offer group health insurance are mandated to pay at least 50% of the cost of coverage, and when terminated employees find out they have to pay at least double the amount that use to be deducted (Pre-Tax) from their paycheck, well...the word 'Shocked' does not adequately describe the emotion.

Job Loss Insurance could help.  It's inexpensive.  A $30 monthly premium buys a 6 month benefit of $1000 per month.  That's about $1 a day for coverage that would pay you $1000 per month for up to 6 months if you were unemployed.  Not enough money to pay all your expenses, but coupled with your state's unemployment program, some temporary frugal living until you've found another job, $1000 per month would certainly help pay those COBRA health insurance premiums.

John Hartline
800-562-8019
Email:  johnhartline@statesville.net