Unemployment Health Insurance: the guide
In these tough times, more and more Americans are losing their Jobs, and all the benefits that came with them, which includes in many cases losing their Health Insurance coverage. What are the options these unprotected and unemployed individuals can take in order to Project their families while they find a new job?
It’s comforting to know that, in some situations, there is help available. One of the resources available for unemployed Americans all over the country is COBRA coverage. COBRA is the Federal-State Unemployment Insurance Program that provides unemployment benefits to eligible workers who are unemployed through no fault of their own (as determined under State law), and meet other eligibility requirements of State law.
Who gets access to COBRA? Applicants must meet their state’s “base period” requirements (time worked or wages earned during an established period of time) and the state must determine that applicants are unemployed through no fault of their own.
HealthInsuranceFinders.com, a HealthCare.com, Inc. property, has put together this helpful and informative Guide to Health Insurance for the Unemployed. This is a highly informative guide that will help you understand the basics of COBRA and unemployment Health Insurance:
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