Health Insurance Options when leaving Employer
Navigating Health Insurance Options After Leaving a Job Leaving your job can be both liberating and overwhelming, especially when it comes to maintaining your health insurance coverage. Whether you've quit, been laid off, or are transitioning between careers, understanding your health insurance options is crucial for avoiding coverage gaps that could leave you financially vulnerable. The good news is that you have several paths forward, each with distinct advantages and considerations. From COBRA continuation coverage to marketplace plans and short-term insurance, the landscape of post-employment health insurance has evolved significantly to provide more flexible and accessible options for workers in transition. Understanding COBRA Coverage: Your First Safety Net The Consolidated Omnibus Budget Reconciliation Act (COBRA) serves as your primary safety net when leaving employer-sponsored health insurance. This federal law allows you to continue your existing health plan for up to 18 ...