If you are currently on Federal COBRA and it is coming to an end, you have some options to get health insurance and to also save some money. Federal COBRA lasts for 18 monhts, and sometimes you can get an extension if you have a qualifying event to get another 18 months. However, if you were on COBRA for that long of a period, chances are that you were over paying for your individual health insurance. Employer sponsored plans can get pretty expensive once you go on COBRA because you no longer have the benefit of the employer contribution to your monthly premium. To state the obvious, landing another job that offers health insurance would be the best bet as sometimes employers cover the entire cost of health insurance.
Another option would be to shop and compare individual or family health insurance plans. By visiting our website, www.healthinsuranceoutlet.com, you can easily and quickly compare hundreds of plans and filter the search results to pick the right plan that works for you. Many times, individual health insurance plans will be less expensive than COBRA plans and you would be making the right choice to explore your options.