Health Insurance Questions
If you are confused about parts of your health insurance policy, we are here to help. Also, you can easily call an insurance agent and have one answer for you any questions
you may have.
If my workplace goes under, can I still get COBRA after I lose my job?
Unfortunately, no. If your employer has gone out of business, your insurance no longer applies. Some states have passed a law called mini‐COBRA to assist ex‐employees of business that have tanked, but it is not everywhere as of yet. Check with your state’s insurance department for the availability of this law.
What should I do if I am not eligible for a group health plan from my employer?
There are some people who are not insured with their employers, so simply consider other health insurance groups, if that is an option. Various organizations and credit card companies offer group coverage, depending on the company. If joining another group is not an option, buying an a short‐term or individual health insurance plan may be the best alternative.
What is the difference between a PPO and HMO?
The main difference between the two is the restrictive nature of the HMO, which could require you to seek care from a physician within its network.
What should my child do when I can no longer keep him on my insurance plan because he is moving away?
Your child should first look to receive coverage from a group health insurance plan with his employer or another organization. Otherwise, he should look into purchasing an individual plan, as these are more beneficial for young, healthy people. He can opt for a higher limit on his coverage for severe or emergency care for a lower cost. These are usually accessible for up to 3 years for monthly payments, and he can drop this coverage once he can apply for a group plan.
Does every insurance plan prohibit those with pre‐existing medical conditions from getting health insurance?
No. Many healthcare plans have limits on coverage for people with pre‐existing medical
conditions, including a wait period before those conditions will be covered.
