Posts Tagged ‘Cobra’

To Expand Coverage Options for Unemployed Workers to Receive and Pay for Cobra Health Insurance Benefits, and to Provide for a Program of Enhanced Unemployment Coverage.

Used – The BiblioGov Project is an effort to expand awareness of the public documents and records of the U.S. Government via print publications. In broadening the public understanding of government and its work, an enlightened democracy can grow and prosper. Ranging from historic Congressional Bills to the most recent Budget of the United States Government, the BiblioGov Project spans a wealth of government information. These works are now made available through an environmentally friendly, prin

Price: $ 11.25
Sold by Alibris (UK)

What to Do When Cobra Runs Out?

We’re into murky waters with questions about losing or switching employment. No-one wants to think about times of uncertainty, but if the economy continues its current problems, you have to plan round the jobs you have and can get. The Health Insurance Portability and Accountability Act of 1996 (HIPAA), which took effect in April, 2003, was designed to give you some protection for health insurance coverage when you are switching between jobs.

The primary objective of COBRA was to require employers sponsoring group health plans to provide qualified beneficiaries continued access to affordable private health insurance. COBRA also establishes important notification obligations for covered employers. In California, the obligations imposed by Cal-COBRA apply to small employers with as few as two employees.
Video Rating: 0 / 5

The Hidden Sting of COBRA In Texas Health Insurance

If you lose your job anywhere in the US, including Texas, one of the many questions you’ll have is: “Will I lose my health coverage, too?” If you’re an employee at a company that has 20 or more employees, and you leave your group plan for reasons other than gross negligence, you’ll be offered COBRA continuation coverage. The question is, should you take COBRA or look for another plan?

This federal law, known as COBRA (Consolidated Omnibus Budget Reconciliation Act of 1985), fills that important gap for health insurance plans for qualified workers, their spouses, and their dependent children so their health insurance does not have to stop when they leave their job.

We encourage you to subscribe to our COBRA Web site, www.dol.gov to get information on new notice requirements, updated guidance, fact sheets, and frequently asked questions as they become available.
Video Rating: 5 / 5

For people losing their COBRA subsidy, health reform provides some new alternatives to coverage. Starting in 2010, if your COBRA subsidy ends, and you can’t afford to continue COBRA without the subsidy, you may be able to take advantage of new and improved consumer protections for people who buy their own coverage. Again, these changes go into effect in 2010. Starting in 2014, health reform will allow consumers- regardless of their level of health – to buy private health insurance and provide subsidies to help qualifying lower-income Americans pay for their premiums when they don’t get insurance from an employer. ? If you can’t qualify for private insurance because of a pre-existing medical condition, you would have to stay on COBRA for 18 months, at which time you’ll have the option to buy what’s called a HIPAA coverage plan. Beginning in the Fall of 2010, the Federal government will also be expanding access to high-risk insurance pools for people with pre-existing conditions, which function just like private insurance. BUT, high-risk pools are not always less expensive than COBRA, or HIPAA insurance. And, one of the requirements for accessing a high-risk health insurance pool is that a person must be uninsured for 6 months.