Quote:
Originally Posted by cologal
Yoda....you and me both. I had better keep my job cause there is no way an insurance company would extend me insurance. The scary part for me is last week 280 people were laid off by my company....this week 29 more...for the year we have to be up to 500. This after the plan explained to us was we don't get a raise this year which will save jobs.
I play by the rules and try to keep my head down.
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It is not quite as bad as all that. COBRA requires that your ex-employer or insurance company allow you to purchase, at group rates, the policy under which you had been covered. This goes for a period of 18-39 months depending upon the situation. After that you can apply for individual coverage w/o any preexisting condition disqualifications. The individual plans used to be quite bad, but BC/BS has stepped up with some highly competitive plans as more people are self-employed.