Those who live in Virginia who lose their job or have their hours cut may qualify for COBRA insurance. The COBRA health insurance rate seems high, because it’s comprised of what you have been paying for it, what your employer was paying, and a small administrative fee. This all adds up to 102% of the total policy cost. The good news is that you don’t have stick with that option. You can choose another route, opting for low cost COBRA alternatives in Virginia. We specialize in helping people find an affordable health insurance policy that will fit their budget.
Whether or not you feel you can afford the COBRA insurance rate, it’s a good idea to get a quote for low cost alternatives. That is the only way you will be able to make the best decision for your situation. Our team of specialists can provide you with a quote for more affordable health insurance options in Virginia, which include:
Many people find COBRA insurance rates to be more than they can afford. If you feel they don’t fit your budget you can have peace of mind knowing that there are more affordable options available. Our team of experts can help you find a great plan that fits your needs and budget within minutes. We have helped countless people find a plan that provides them with great coverage that is more affordable. Contact us for a free quote today!
The Omnibus Budget Reconciliation Act (COBRA) was passed in 1985. Prior to that, if someone lost their job or had their hours reduced they would lose their health insurance. The federal government enacted that law to make sure people could keep their health insurance, as long as they paid for the total cost of the plan.
The plan is available to those who qualify, whether you have quit your job or you were let go. The federal COBRA insurance law allows you to keep the health insurance plan that you have, but you will be responsible for paying the total cost of it. It’s a good idea to compare the rate with low cost alternatives in Virginia.
In order to qualify for COBRA insurance, people have to have worked for a company that had at least 20 employees, and was providing them with health insurance. We specialize in helping people find low cost health insurance plans in Virginia, whether they qualify for COBRA insurance or not. Contact us so we can help match you to an affordable plan.
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