COBRA Health plan Advice for Individuals and Small Businesses |
We are not COBRA. For specific contract details about your current company policy, contact your health plan administrator.
Re: COBRA
In Reply to: COBRA posted by Pete on December 03, 2009 at 12:29:39:
: If an individual receiving COBRA finds a new job and insurance benefits are offered, does the individual have the option to continue with COBRA for the full 18 months or is it mandatory to accept the new company's benefit plan and drop COBRA?
You can still remain on COBRA for the determined eligibility period, usually 18 months, even though you are eligible for other coverage. Are you are eligible for the stimulus, where you only pay 35% of the full premium amount during the first 9 months of COBRA? If so, be advised you would no longer qualify for the stimulus rate if you are eligible for other group coverage.