What’s the difference between COBRA coverage and private health insurance?

COBRA coverage provides the same coverage you had while you were employed with your employer. Unfortunately, it’s at a higher cost because you are responsible for the entire cost of your health insurance premium plus an administrative fee.

Private health insurance at the same level of coverage you had while employed is even more expensive than COBRA coverage.

You should take control of your healthcare situation before you terminate your employment. Many employees, however, are reluctant to speak with their employers about a disability because they are afraid they’ll be fired. Remember, it’s illegal to fire someone for a disability. Even if your disability prevents you or stops you from working, your employer benefits package is a critical resource in continuing your medical care coverage after you have stopped working.

If you would like to learn more feel free to contact us at www.caveylaw.com or call us at 727-894-3188.

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