Quote:
Originally Posted by rjm1cc
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http://www.foxbusiness.com/personal-...ge-152041***1/
I think I have read in the past that if you go from your co's health insurance to CORBA your Medicare premium might be higher when you go from CORBA to Medicare. My guess is that CORBA is not considered qualified insurance. Before you go from Co insurance to CORBA I would check the current Medicare rules. |
COBRA (not CORBA) - the Consolidated Omnibus Budget Reconciliation Act - was enacted in 1985 to ensure that employees who leave their employers, voluntarily or otherwise, are allowed to continue their health care coverage through that employer's group plan. Since it is the same plan a person was covered under while employed, I can't see how it could not be "qualified insurance."
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Holyoke, Mass; East Granby, Monroe, Madison and Branford, Conn; Port Clyde, Maine; North Myrtle Beach, SC; The Village of Bonita (April 2009 - )
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