COBRA insurance is available in Georgia for those who have lost their job or have had their hours reduced. The amount that you can expect to pay for COBRA insurance is 102% of what the policy cost. This rate reflects what the employer was paying for you, what you were paying toward it, and a 2% administrative fee. Many people tend to be a little shocked when they see what the rate is to continue their health insurance through COBRA. The good news is that there are alternative options that are more affordable.
Around the country, and including in Georgia, many people who qualify for COBRA insurance feel the rate is more than they can afford. Our expert team routinely helps people find alternative policies that will meet their budget and provide them with the health insurance coverage they need. Within just a few minutes we can help you find an affordable policy. Here are some of the more popular COBRA insurance alternatives in Georgia to consider:
You may find that the search for affordable health insurance is a daunting task and can be frustrating. We try to make it as simple as can be. When you work with our team of experts we can help you find a policy to fit your needs and budget within minutes. We specialize in knowing health insurance and are experts in matching you with a policy that will work for you.
The Consolidated Omnibus Budget Reconciliation Act (COBRA) was created in 1985. It’s a law that ensures that people won’t lose their health insurance if they lose their job, whether voluntarily or not. The law allows people to keep their plan, as long as they pay for the whole premium.
It doesn’t matter if you were let go or you quit your job. You may still be eligible for COBRA insurance. Many people who qualify for COBRA in Georgia find that the rates are too expensive. This is why it’s a good idea to know about alternative options that you can consider, so you can make the best decision for your situation.
There are some conditions you have to meet in order to qualify for COBRA insurance in Georgia, including having worked at a company that had at least 20 employees. You also had to have been receiving health insurance from that employer. If you meet these conditions and find that the premium to continue your insurance policy is too expensive we can help. We have helped many people find affordable health insurance in Georgia.
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