How Do You Renew Cobra Health Insurance After 18 Months?
Individuals who are laid off from their jobs can elect to continue their current health insurance coverage under COBRA. Employees who are terminated are also eligible for COBRA coverage as long as the termination was for a reason other than gross misconduct. Although coverage under COBRA can be quite expensive, this is a viable solution for retaining coverage until a worker secures new employment. Typically, COBRA coverage lasts for a maximum of 18 months; however, in some circumstances of injury, enrollees can extend coverage for a longer period of time. If you’ve been disabled within the first 60 days after the loss of employment, file for disability through the Social Security Administration (SSA) as soon as possible. It can take several months for the SSA to process and approve a disability application, so file your application before the layoff or termination occurs, if possible. You do not have to receive disability benefits before the end of the 60-day period, but you do have to
