Learn if you qualify for COBRA vision insurance
Did you have vision insurance on your employer’s health insurance plan? Curious if you can continue to keep that vision coverage with COBRA? This is a very important question for anyone who has recently quit, retired from, or lost their job and thinking about COBRA insurance. Vision care can be extremely expensive in many cases, especially for those people with serious vision needs or preexisting vision conditions. The simple answer for most people to this question is yes – if you had vision insurance with your previous employer and qualify under federal COBRA insurance laws, then you can elect to continue your insurance using COBRA vision insurance. With that said, depending on the type of vision plan your insurer had, the process to keep vision insurance with COBRA can be different.
When your vision insurance is a part of your health insurance plan, meaning it is an all inclusive plan and the vision insurance comes from the same provider, then keeping coverage with COBRA vision insurance is easy. When you choose to continue your group health insurance plan with COBRA, you are automatically electing to continue your vision coverage since it is part of the larger plan. The downside to this type of COBRA vision insurance is that you can drop the vision coverage to save money. Electing COBRA insurance for this type of plan means choosing to keep everything included in the plan.
If your vision insurance was it’s own stand alone plan, you also can keep coverage with COBRA vision insurance. The only difference is that you will need to complete a separate COBRA election form for the COBRA vision insurance since it is offered through a different company. All the same rules and eligibility requirements apply. You will be responsible for paying the entire premium for COBRA vision insurance, just like with COBRA health insurance. One benefit with COBRA of a stand alone vision plan is that if you are trying to save money, you can choose to not get COBRA vision insurance and still keep your health insurance.
Would you like COBRA vision insurance but it is just too expensive? Many people find themselves in this situation especially after employment loss. However, there are many affordable vision insurance plans on the market today, some starting as low as $8.95 monthly. Get a free quote for vision insurance below to figure out what plans are on the market and if they fit in with your budget and family vision needs.