A1HealthSite.com Free Insurance Quotes
Home About Us Insurance FAQ General Health Info Contact
Get Free Quotes
 
Health Insurance Glossary
Small Business Owner Health Insurance
Discount Health Plans
Cobra Coverage
Maternity Coverage
PPO
HMO
Family Coverage
Additional Coverage
Home Insurance
Life Insurance
Health Insurance

"Thank you so much for helping me find health insurance coverage for my family. I am self employed and having insurance coverage is important to me and my family. I saved a good amount over what I could purchase this coverage for locally. Thanks again."

J. Landers - Searcy, AR

"Just wanted to let you know that I ended up purchasing the policy that was quoted to me on your web site. We saved a lot of money compared to our previous plan. Everything went smooth and now my wife and I are covered. Thanks for your help in selected the right plan!"

Mike S. - Indianapolis, IN


COBRA Coverage

COBRA stands for Consolidated Omnibus Budget Reconciliation Act of 1985. This law states that an insurance program must give employees of a qualifying company, and their immediate family members, the chance to continue their health insurance coverage once they are no longer eligible due to a “qualifying event”. Usually a company with 20 or more full time employees is considered a qualifying company. The events that qualify for COBRA coverage are the death of the employee; termination of employment by either the company or the employee; loss of eligibility for coverage due to lay off, strike, medical leave or reduction of hours;
divorce of the employee which makes the ex-spouse no longer eligible for coverage; or a child reaching the age that they are no longer covered. The length of the COBRA coverage varies based on the qualifying event that caused it to come into play. Coverage is longer for example if the employee is disabled or divorced than it is if the employee is terminated or has a reduction of hours. With COBRA the cost of the insurance is the sole responsibility of the employee with no assistance from the employer. If the employee does not pay the premium then the coverage lapses and cannot be renewed. The employer is required to notify the employee of the loss of coverage at least 15 days prior to when the coverage ceases.