The most common alternative to COBRA Insurance are private individual and family plans offered through companies like eHealth Insurance. These plans range greatly in price as well as the type of coverage they offer. They generally offer health insurance coverage most similar to what you would have had with your employer, but can be much less expensive. This is especially true if you are in good health and live in a state with competitive insurance rates. It is always smart to get at least 3 quotes for individual and family health insurance plans and compare the details of the plans carefully. Make sure to compare the cost of the plan, the coverage details, deductible and co-payment cost, prescription cost, and the doctors and on going care that is included. Be wary of very inexpensive plans because likely they come with high deductibles or very strict guidelines about what is covered. You can start getting free health insurance quotes below to find cheaper alternatives to COBRA.
Posted in: COBRA Health Insurance Alternatives