If I got fired from my job, how long would my health insurance be in effect?
Answers: Normally until the end of the month in which premiums were paid. You are allowed to keep your insurance under COBRA law for 18 months; however, you will be responsible for the premiums and they will be quite expensive. If you or any dependents you have covered under your plan have a chronic illness then COBRA is a good option until you obtain coverage elsewhere because otherwise you or them will be considered uninsurable with anyone else. Your former employer by law will be mailing you information about your insurance plan premiums, COBRA, and a letter of credible coverage. If you have not received these documents in a reasonable amount of time, then contact your benefits administrator immediately, you only have 45 days to let them know if you wish to continue your health insurance under COBRA, and to send your payment in. Good Luck, I hope you find other suitable employment with benefits real soon.
As everyone has said, you will be offered COBRA for a certain amount of time. Depending on the size of the company it will be either 18 months or 24 months. This means you will get to keep the same coverage that you had, but you will have to pay for the entire amount.
Most people are shocked when they realize how much their insurance that the employer was paying for costs each month. Many people opt for less coverage that costs less through short term health insurance plans until they can get a job with benefits again.
Temporary insurance plans are COBRA alternatives because they give you major medical coverage in the event of an emergency, but it costs a fraction of co payment plans. You can get many different quotes and apply online in minutes at reputable companies from websites like this one http://www.short-termhealthinsurance.com
I talk to people in your situation every day. Good luck in finding a new job that offers benefits quickly. But in the meantime you can bridge the gap with temporary insurance if you can't afford the COBRA coverage. I hope this helps.
Good question. Usually, your health insurance benefits continue through until the end of the month within which you were fired. At that point you are eligible for COBRA benefits.
However, COBRA benefits are often high. If you do not have pre-existing conditions, you might want to consider getting what is called "gap" insurance that can cover you and your family until you become health benefit eligible within a new job.
To find this type of insurance, use any Internet search engine and type: your state, gap health insurance.
Good luck!
It depends on how your employer set it up. Normally, it's either until the day after you were fired, or the last day of the month that you were fired.
If your employer was subject to COBRA, they would then OFFER to let you pay for your own health coverage - the FULL COST, though, they wouldn't kick in anything, and you'd have to pay an extra 2% for administrative costs. You could keep that for up to 18 months.
Can an informal alien purchase disability and workman's comp insurance for himself?
Suppose someone is a carpenter, work freelance by himself. Can he buy insurance? Right now, if he get's injured, he's done.Answers: No.
For workers comp, the certainty that he's working here illegally is going to exclude him from coverage. Even if he be working "under the table" and here rightfully, that means his income isn't man declared - and insurance companies don't want to insure people who individual declare a module of their income - as they don't collect adequate premiums for the risk (think, solitary insuring the bathroom, not the whole house, on house insurance).
Disability, again, you own the same problem - when you're not properly working, and you CAN'T legally work, the incentive is to do something to record a disability claim. It's a basic morale see.
Lastly, insurance companies do not like to insure lawbreaker. And just the certainty that they're here illegally, finances they are breaking the law.
As far as I know, there's no tenet that says they can't grasp the insurance. But no insurance company is going to write it for them.
You're right. If he gets injured, he's done. He'll enjoy to go rear to wherever he legitimately lives.
Although I personally resent human being an illegal alien, one can purchase disability and workmen's compensation cover while mortal illegal alien.
This can be obtain only from offshore companies (as an expartiate), since the status of that personality is NOT a resident status.
What is cobra coverage, and hipaa?
Answers: cobra- when you have a job and you have health benefits and you leave the job - you can continue the health benefits but you have to pay for all the cost of the health benefits. You are allowed to cobra for a limited time - it's not indefinite.
hippa - privacy legislation. Does not allow anyone to get copies of your medical records/bills with out you signing a hip pa approved medical authorization.
Cobra is when you leave a job that you have recieved insurance benifits, they offer you a cobra plan that you pay in full to keep the benifits you were reciving, in my state it is for 13 months from the time you leave that job, you pay the full cost though instead of just the portion that you were paying as an employee.
Hippa, although I am not sure what the letters represent, is just the privacy policy that all health care providers have to abide to keep your records confidential from anyone other than yourself or anyone that you say can have access to your records.
When you leave your job (whether by choice or not) your employer must offer you Cobra insurance coverage which is the same insurance you were carrying at work but it's much more expensive. You pay for all of it yourself so it's not unusual for Cobra to cost 300-900 dollars a month depending on the coverage. That's outrageously expensive but, if you are leaving one job for another and your insurance at the new job won't start for 30 - 60 days, this allows you to continue with your coverage so you're not running around uninsured. Hipaa is actually the law that requires that your employer offer you this insurance. I've attached a couple of links about it.
Hipaa information - http://en.wikipedia.org/wiki/Health_Insu...
Cobra information -
http://en.wikipedia.org/wiki/Consolidate...
Cobra coverage is the extension of your group healt benefits that you had while working at a job as an indivdual policy after leaving the job. You have to pay and the previous employer can charge you up to 102% (state specific) of the cost of the coverage. You can maintain the coverage for up to 29 months. The benefit to you is that you can buy health insurance much cheaper then you would have to pay if you bought an individual plan on your own. Also if you have a preexisting condition (you were being treated for a medical condition just before you left your job) it will not be excluded. There is a cutoff period which means that you must sign up for it within 31 days of leaving your job or you loose your chance to get it.
HIPPA is the Health Insurance Privacy and Portability Act. It is a huge insurance act that does a ton of things but here are some of the highlights that most people are familiar with:
1. The privacy part: basically says that your private health information is absolutely priveledged and cannot be released to anyone without your consent. In fact one doctor who is treating you cannot discuss your case in the lunch room with another doctor unless that second doctor has a documented reason to know about it. It is the thorn in the side of a lot of medical personel who have a real need to have the info but due to the law it makes it very hard to transferr the information. In real short terms however it basically means your health info is absolutely confidential and nobody can have access to it without your consent, not even your employer)
2. The portability part: That has a bunch of things to do with how easily you must be able to move your insurance coverage from one carrier to another and to maintain your coverage (see cobra, that still applies) but it makes things easier.
Hope that helps.
Love the previous answers; some correct info in each, but not totally.
1) COBRA is the continuation of the same health insurance you had as an "actively covered" employee. It is triggered ANY TIME YOUR ACTIVE COVERAGE ENDS. Usually this occurs when you end your employment. Two other times are: an eligible dependent (child) who turns 18 and is not in school, and a spouse during a divorce. The person loosing coverage is treated as an "active" for open enrollment purposes, but you must pay at least 100% of the premium; your company can charge another 2% for admin charges. COBRA can continue for 18 months, and, in some cases longer. For example: let's say that you are married and your spouse gets fired. As a married couple, you have COBRA for 18 months. Let's say that 10 months into COBRA you get divorced. This is ANOTHER "triggering event", and you - the spouse - GET ANOTHER 18 MONTHS of COBRA.
2) There is an additional 11 months of COBRA called "OBRA" that can be triggered by someone who has qualified for Social Security Disability Insurance IF that person applies to the COBRA administrator and requests this within 60 days of your SSDI eligibility. Your company CAN however, charge 150% of the full amount of "active" coverage (but most company benefits folks don't know this!!)
3 HIPAA means: Health Insurance Portability Act Admin. Basically, in addition to covering some privacy about your health records, it requires that when you have a "COBRA triggering event" that the insurance company that issued your ex-company's health insurance send you a letter offering you a "bare bones" insurance coverage plan - separate from, and usually different from - your COBRA insurance.
For any more questions and/or info, please email me.
Good luck!!