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If you've been laid off, you may be offered COBRA or Mini-COBRA which allows you to continue the health insurance coverage provided by your former employer. COBRA is for a business with at least 20 employees while Mini-COBRA is for a small business with between 2 and 19 employees.
COBRA coverage is expensive because your employer is no longer contributing towards the cost. You may want to contact a local exchange assister to determine to review all the options available to you for health insurance coverage.
For people who work in businesses in Pennsylvania with 20 or more employees, there is a federal COBRA law. COBRA benefits generally extend health coverage under the business's insurance plan for 18 months.
7 mar 2024 · The average monthly cost of COBRA Insurance premiums ranges from $400 to $700 per individual. No Pre-Existing Conditions? If you do not have pre-existing conditions, visit the health enrollment center to learn about private marketplace plans that are more affordable than COBRA continuation.
19 sie 2023 · How much is COBRA insurance? Learn to calculate your COBRA health insurance premiums and why COBRA costs more than job-based health insurance.
Calculate your projected monthly COBRA cost using our online tool or beginning with last year’s W-2 form for insurance deductions and employer contributions.
COBRA Insurance Costs in Pennsylvania When you work for an employer who has 20 or more employees and who offers group health insurance, as required by federal law, your employer pays a portion of the cost of the employee plan.
