Are there any specialty health insurance policies?
• Yes, there are certain types of policies that can be issued to meet very specific or unique situations. Talk to your agent or insurance company representative before purchasing any of these policies to ensure that they meet your specific needs and to determine the cost implications as these policies can be expensive. Here are a few. • COBRA (Consolidated Omnibus Budget Reconciliation Act) allows you and your dependents to continue in your employer’s group health plan after you retire, quit, are fired or laid off, or if you are working reduced hours. You may choose to continue in the group health plan for a limited time and pay the full premium, which includes the share your employer paid on your behalf. Coverage is available for up to 18 months, or 36 months for dependents in certain circumstances. If you opt for COBRA benefits, you must also fill out the appropriate forms, provided by the employer’s benefits department, within 60 days of leaving your job or you may be denied coverag
Related Questions
- I am married to another Nassau County employee and we do not have any children. Can we get two individual health insurance policies instead of one family policy?
- Do most health insurance policies adequately cover the cost of treatment?
- What other changes will federal reform make to health insurance policies?
