Do I need active health insurance when I’ve COBRA option
Was in a PIP and eventually let go. I don’t have active health insurance but there’s an option to avail COBRA (it’s expensive) Considering I’ve the option to avail COBRA retroactively in case something goes wrong, can I skip getting coverage through my spouse’s insurance? Don’t want to add myself to my spouse’s plan as it will mess up deductible and I hope to find something soon.
You don't get unlimited look back. It is 45 days only. You have to pay insurance retroactively. There is no free ride. Check if Obamacare works for you.
New
nS6Fj7 Apr 4You can claim unemployment. That’s probably 10k and more for the year.
Pip is layoff with cause which usually doesn’t qualify for unemployment benefits
No. Cobra is your health insurance. You just have to pay the premium and continue to enjoy the same health plan you elected for the year. You can try to find a cheaper healthcare and don’t pay cobra. But it’s not gonna be much cheaper and it’ll be a lot of hassle to sort out.
Coverage thru spouse’s work plan is cheaper than cobra.
But you just said you didn’t want to go for that option.