COBRA insurance is available to those who live in Washington DC and have lost their job or have had their hours reduced. Many people are shocked when they see what the rate of COBRA insurance is. The total rate that you pay comes to 102% of the plan. This reflects what your employer had been paying, what you were paying, and a small administrative fee. There are numerous budget friendly options to consider and compare. We can help you find inexpensive COBRA insurance alternatives in Washington DC, including those offered through national providers.
By getting information on low cost alternatives you will be able to find a health insurance plan that works for you and your family. Our agents specialize in helping people find simple polices that are easy to understand and have affordable rates. We can help you with a variety of affordable insurance options to consider, including:
If you feel that the COBRA insurance rates are more than you can fit into you budget you are not alone. Many people find them to be unaffordable. We can help you find affordable options. Our agents are experts at helping to match people with an alternative to COBRA insurance that will be budget friendly and still provide them with the coverage they need. Contact us today for a free quote!
Before COBRA became a law, when people lost their job or had their hours reduced, they simply lost their health insurance. The federal government enacted the Consolidated Omnibus Budget Reconciliation Act (COBRA) in 1985. The law allows people to keep their health insurance once they no longer have their job or had their hours cut, but they have to absorb the total cost for the plan.
Whether or not you were let go from your job or you voluntarily quit, you may still qualify for the plan. The federal COBRA insurance law allows you to keep the health insurance you have had, as long as you pay the total cost of the plan. Ideally, you should compare some low cost alternatives so that you can make the best decision for your situation.
To qualify for COBRA insurance, you would have had to have been getting health insurance from your employer, and they would have had to have had at least 20 employees. We are experts at helping you find a budget friendly health insurance plan that will provide you with great coverage. Let us help you find the right plan for your situation.
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