What if I need long term coverage?

COBRA is often limited to 18 months so is not intended for long term coverage. COBRA insurers may offer longer term coverage through an individual conversion policy but this is often even more expensive than the COBRA plan. The federal subsidy only applies to the first nine months so the rest of the coverage is available at substantially higher prices. Industry reports state that only a very small number of people  eligible for COBRA coverage keep this insurance for the full amount of time allowed.

In cases where long term coverage is required and a conversion policy is not an option, then a COBRA alternative is required. A wide variety of affordable choices are available through an insurance exchange. We endorse Members Insurance Exchange because of reliable access to live well-trained professional enrollment agents regardless of where you live in the U.S.

revised 4/9/2014

(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.