This site contains over 5000 pages of info, questions and answers. Resolve your problem by using the search box.






COBRA insurance questions I have gotten though Email

From everything I have read here my understanding is that if a company goes out of business (bankruptcy) Cobra is not an option for the former employees? I was under the assumption that COBRA was a federally protected option, and since the employee pays the total premium what does the company lose by offering that option? Appreciate you help.

Woody

Woody:

Cobra is an option for the former employees, under CERTAIN circumstances.

The problem with a company going out of business, is that the plan is no longer in existence to continue. COBRA is continuation of an existing employer plan.

Try and get guaranteed coverage under HIPAA, if you are sick.

Craig Casey

For comments about this site, email us.
All rights reserved. Copyright © Cobrahealth.com 1998-2003