Talk of The Villages Florida - View Single Post - Health insurance
View Single Post
 
Old 02-27-2013, 04:11 PM
tzangrilli tzangrilli is offline
Member
Join Date: Feb 2009
Location: The Villages, FL
Posts: 66
Thanks: 0
Thanked 0 Times in 0 Posts
Default

COBRA is a federal law that says employers must extend health insurance to ex employees after they leave their employment. That would include you if you keep the family plan. The problem is that you have to pay the total premium for the plan, which can be quite expensive. At least you will not be without coverage untll you can find a better alternative. COBRA is usually for 18 months but can last up to 39 months under certain circumstances. His HR department is required to explain all his options as he leaves their employ.