If I have health insurance through my workplace and lose my job, will i lose my health insurance?

  • by Josh
  • Feb 14,2018
  • 10 answers

If I have health insurance through my workplace and lose my job, will i lose my health insurance?


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Insurance Answers (10)

xm 3 months ago

yes unless you pay your employers for it under COBRA, which is expensive but a way to continue for up to 18 months.

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H. Marie 3 months ago

if you r employer provides health insurance as part of your pay, yes you will lose it wen when you lose the job, but before that happens ask about Cobra to see if youcan continue what you have for a period of time,. you will pay for it yourself

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Beverly S 3 months ago

Yes, unless you go on Cobra which means you pay the full premium including the amount your employer paid for it when you worked.

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Eva 3 months ago

Yes, by the end of the month in which your employment ends. In some situations, you may be able to continue the insurance through COBRA, but his requires that you pay the full amount of the premium which may be unaffordable. Your other option is to go through the marketplace to secure coverage. You need to do that within 60 days of losing your job.

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Insurance Pickle.com 3 months ago

As others have said...if the employer has 20 or more employees, you'll be given the opportunity to continue your SAME EXACT coverage through the provisions under COBRA. And, in most states if there are less than 20 employees, there is still some type of continuation provision -- in my state they are seamless with identical rules.
The cost of it is the full cost without the company contribution. Whether that's more or less than what you can get on your own would depend on what it is and what is available to you. Nobody here would have ANY idea on what the cost would be. The only thing we would know is if the employer was picking up half...the price would double because they'd no longer be doing that.

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daniel g 3 months ago

Yes. An alternative would be to pay the insurance company to keep your policy active out of pocket.

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Bob 3 months ago

no you will be given a chance to use COBRA to keep your insurance

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martin 3 months ago

Yes, unfortunately. That Cobra stuff they offer to people who lost their jobs really is more expensive than private healthcare. Try Kaiser for good premiums if you absolutely need constant healthcare, otherwise risk it and stay healthy with your common sense until you land some other job.

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amy lynn 3 months ago

You should be given the chance to continue coverage by paying for the full price of the insurance yourself. It is referred to as "COBRA" insurance. Basically, you would continue with the same policy, but you would pay more for it.
You would have to decide if you could afford it or not.

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StephenWeinstein 3 months ago

Eventually, yes. However, you usually have the option, if you wish, to pay money to keep it for another 18 months (36 months in CA or if disabled).

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