Georgia GA Helath Insurance Help
Reader’s Question:
I am really excited about a new job offering. There’s some risk but potential for great reward. My current job does not pay too well but it does have a terrific health insurance plan. I am concerned about losing it. I will be moving to Atlanta and don’t suppose there is any way to keep my employer’s health coverage?”
Cheryl
Atlanta, GA
Congratulations, Cheryl!
We think you will like Atlanta. It’s known to be a hip happening place. Without knowing more about your current coverage, or where you are moving from, we’ll caution you to be practical. Can your current health insurance really apply to relocation?
Assuming you want to continue your existing health insurance, that right is afforded you under the guidelines of the Consolidated Omnibus Budget Reconciliation Act, commonly referred to as COBRA.
There are certain conditions that might entitle you to continue your current health insurance for 18 months after your departure from your existing company. Usually, you have to pay the full premium up front. However, you would be paying the group premium amount that your old employer paid. That will certainly be less than if you had to purchase an individual health insurance policy.
In today’s world, health insurance has great value and provides meaningful peace of mind. The significance of this consideration suggests that you really need to meet with your agent and make certain you know the ongoing procedures. We congratulate you for realizing how important health insurance is today. You will feel great knowing a proper plan is in place.
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