Cobra Medical Insurance

The time after leaving a job can be a little frightening. If you leave your job to search for a better position, start a new business, or begin your retirement early, the lack of medical insurance could be cause for concern. Fortunately, however, you don't have to suffer without insurance after you've left your job. You and your family can enjoy temporary coverage as you move on to the next stage of life.

The Consolidated Omnibus Budget Reconciliation Act (COBRA) affords individuals and their families the right to take advantage of continuing coverage, for a short period of time, following the loss of benefits. Thanks to COBRA, individuals are able to continue using their group medical insurance benefits for a time. However, there are specific requirements for COBRA continuing coverage. To be eligible, policyholders must be without coverage due to a specific list of events.

Stay Covered with COBRA Medical Insurance
Generally, COBRA coverage is more expensive than benefits for active employments. Employers cover a portion or all of the medical insurance premiums for active employees. With COBRA, however, participants are required to fund coverage themselves. There is good news for those interested in COBRA continuing coverage, however. It's actually cheaper than individual health insurance.

Learn more about COBRA continuing coverage and obtain free medical insurance quotes from Efinancial. Thousands of people have turned to Efinancial Health Insurance Services for reliable health insurance quotes. Join them in securing low-cost health insurance without hassle.