I am currently on cobra insurance from my previous employer and am about to start a new job. the cost of medical and dental from the new job will end up costing more than what I am paying for cobra so my question is: Can I continue with Cobra as long as it is available before enrolling in the health benifits of my new company???
It is rare that your COBRA option would be less costly to you than the option of being insured under a new group health insurance plan. This is because for COBRA, you are responsible for 100% of the monthly premium. Under an active group health plan, your employer must be responsible for at least 50% of the monthly premium. Answer by Moderator - Wednesday, November 18, 2009 @ 2:25 pm No CommentsNo comments yet. Leave a comment |
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Short answer – yes. You are not obligated to accept coverage under your new group health insurance, even if you don’t have an alternative COBRA option. Furthermore, you rights to remain in COBRA is not affected the availability of other options.
