3

I left my job, and went on COBRA. I started a new job, but the health insurance offered at the new job is a worse value than the COBRA coverage. I'm still eligible for COBRA, right?

They happily take my money and tell me I'm covered – but I don't want to find out I'm ineligible after they get a $40K medical bill and try to find any way not to pay it.

3

Yes and No.

See Q14 on this following Dept of Labor page: http://www.dol.gov/ebsa/faqs/faq-consumer-cobra.html

In particular, note:

Coverage begins on the date that coverage would otherwise have been lost by reason of a qualifying event and will end at the end of the maximum period. It may end earlier if:... After the COBRA election, coverage is obtained with another employer group health plan that does not contain any exclusion or limitation with respect to any pre-existing condition of such beneficiary.

The max coverage you can get is 18 months (under some circumstances 36 months), but make sure to review the limitations/possible reasons for it ending earlier that are described on that page. Your HR/benefits person can advise you - I'd certainly touch base with them.

  • It looks like I should be good as long as I don't go onto my other offering (which I haven't) then... – Tom Nov 3 '11 at 1:10

Your Answer

By clicking “Post Your Answer”, you agree to our terms of service, privacy policy and cookie policy

Not the answer you're looking for? Browse other questions tagged or ask your own question.