What is a Cobra plan?
What is a Cobra plan? The Consolidated Omnibus Budget Reconciliation Act (COBRA) gives workers and their families who lose their health benefits the right to choose to continue group health benefits provided by their group health plan for limited periods of time under certain circumstances such as voluntary or involuntary job loss. Does Washington have free healthcare? Medicaid provides free or low-cost health coverage to eligible needy persons. How much is COBRA insurance a month? On Average, The Monthly COBRA Premium Cost Is $400 – 700 Per Person. Continuing on an employer's major medical health plan with COBRA is expensive....