COBRA is a piece of legislation that was enacted by Congress in 1985 to ensure that all workers had health insurance portability in the event of their job departure. This act made it possible for exiting employees to extend their group health insurance coverage for up to 18 months. As a provision of the law, the exiting employee would assume full responsibility of the health insurance premium if they chose to exercise a COBRA extension.
The prohibitive costs of a group health insurance plan make finding an alternative health insurance plan of the utmost importance. MyInsuranceExpert.com can help you in your search for a high quality health insurance plans by providing you with tools and resources that make comparing and contrasting various health insurance plans a breeze. So if you are looking for a health insurance plan to take the place of your COBRA extended group health insurance plan, you've come to the right place at MyInsuranceExpert.com.