Texas residents who may have lost their job or had their hours reduced may qualify for COBRA insurance. The total cost of what you would need to pay for COBRA insurance is 102% of the policy rate. This amount reflects a 2% administrative fee, as well as the portion you had been paying, and what your employer had been paying for you. The good news is that there are low cost alternatives in Texas, and we specialize in helping people find the right one for their situation.
When you take a few minutes to review the rates of other low cost alternative plans, you will find that they are easier to fit into your budget. We have a team of specialists who help fit people with an affordable health insurance plan that will work for them. There are numerous low cost COBRA options in Texas to consider, including:
As you gather information about your health insurance options, you will likely see that COBRA insurance is the most expensive. Our experts can help you find a plan that will fit your budget and will provide you with the coverage you need. Within just a few minutes we are able to match you with the plan that will work best for you. Contact us for a free quote so we can help you find an affordable low cost plan!
To qualify for COBRA insurance you have to meet some criteria. This includes having been working for a company that was providing you with health insurance, and had at least 20 employees. It was in 1985 that the federal government passed the Omnibus Budget Reconciliation Act (COBRA). Prior to that, people who lost their job or had their hours reduced lost their health insurance.
It won’t matter if you quit your job or if you were let go. COBRA is a federal law that allows you to keep the health insurance plan you have had, but you will have to pay for the entire cost of it. Most people find that the cost is more than they can afford, making it important to compare rates to low cost alternatives.
COBRA insurance rates can be shocking to many people, because they are higher than they expect. We can help you find low cost alternative health insurance plans in Texas. Our mission is to help everyone find an affordable plant that gives them the coverage they need, with a premium that they can fit into their budget. Contact us to get information on affordable plans.
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