What does COBRA do? What does COBRA alternative insurance do?

COBRA provides certain former employees, retirees, spouses, former spouses, and dependent children the right to buy temporary health insurance at terms and price similar to their employer. This coverage is only available under specific situations when coverage is lost due to certain qualifying events.

COBRA alternative insurance usually provides less coverage at a lower price without the eligibility limitations associated with the COBRA plan. 

revised 3/1/09

(back to index of frequently asked questions about COBRA coverage) provides help with COBRA issues

COBRA continuation coverage may provide temporary protection when changing jobs, going through a divorce or negotiating other life transitions. Choosing the right health insurance is crucial to protect your health and financial security.