Author: Kelley Filice Jensen
Being laid off or fired from a job is horrible. A million worries go through your mind at once including whether you will have enough money to survive until you get a new job and what to do about the health insurance you received through your employer’s health plan. It is a relief to hear that you can continue on your former employer’s health plan for 18 months, until you hear that you will have to pay the premiums previously paid by your former employer. How can it be so expensive? This is the dilemma of COBRA Health Insurance Coverage.