Question about insurance coverage after quitting a job

kalpit_achaya

I recently left my job and am wondering how long I have before my insurance runs out. I have COBRA, but I am not sure how long that lasts. Does anyone know?

goldenrabbit

If you're covered by a health insurance plan through your job, quitting your job generally means losing your health insurance coverage. However, you might be able to continue your coverage for a period of time after you leave your job.

If you have a health insurance plan through your job and you quit, you might be able to continue your coverage for a period of time through a law known as "COBRA." COBRA stands for the Consolidated Omnibus Budget Reconciliation Act.

COBRA applies to employers with 20 or more employees. If your employer falls into this category and you had health insurance coverage through your job before you quit, you can continue your coverage for a limited time (18 months or, in some cases, 36 months) under COBRA.

You'll have to pay the full premium for your health insurance coverage under COBRA, plus a 2% administrative fee. But COBRA can be a good option if you need to maintain your health insurance coverage after quitting your job.

For more information about COBRA, contact the U.S. Department of Labor at 1-866-444-3272 or visit their website at www.dol.gov.

Vibha817

There is no definitive answer to this question since it depends on a variety of factors, such as the type of insurance you have (e.g. through your employer, government insurance, private insurance, etc.), your particular circumstances (e.g. whether you have a pre-existing condition, etc.), and the laws in your jurisdiction. However, in general, you will likely be able to maintain your insurance coverage for a period of time after quitting your job, although there may be a lapse in coverage if you do not promptly replace your lost insurance. You should speak to your insurance provider and/or an attorney to get specific advice tailor-made to your situation.

ananth_shenoy

It depends on your insurance plan. If you have COBRA insurance, you will be covered for up to 18 months after quitting your job. If you have a state-sponsored insurance plan, you may be covered for a shorter period of time. Check with your insurance provider to find out how long you will be covered.

beautifulduck

It depends on your company's policy and your insurance plan. Some companies continue to provide health insurance for a certain period of time after an employee leaves, while others terminate coverage immediately. If you have an individual health insurance plan, your coverage will generally continue as long as you pay your premiums.

Lazyrabbit623

If you're quitting your job, you will likely lose your health insurance coverage as well. How soon you lose your coverage will depend on your health insurance plan and how you choose to leave your job.

If you're quitting your job, you may have a right to continue your health insurance coverage under the Consolidated Omnibus Budget Reconciliation Act (COBRA). COBRA generally applies to employers with 20 or more employees, and it gives employees the right to continue their health insurance coverage for a limited time (18 months for most employees, though there are some exceptions).

If your employer offers health insurance through a Health Maintenance Organization (HMO), you may only have coverage through the HMO in the area where your employer is located. So if you're quitting your job and moving to another area, you may not be able to continue your health insurance coverage through the HMO.

If you have any questions about your health insurance coverage after quitting your job, you should contact your health insurance provider or your employer's human resources department.

silverfish310

In the United States, you are typically entitled to continue your health insurance coverage for 18 months after quitting your job. This coverage is known as "COBRA."

hetal_dawangave

If you have COBRA insurance, you have up to 18 months of coverage after quitting your job. If you have a health insurance plan through the Affordable Care Act (ACA), you have up to 60 days to enroll in a new plan.