Health Insurance continuing coverage questions?
Question 1. Group policies are different from individual policies. Group policies are mandated to offer coverage such as maternity and mental health, which you are paying for even if you don’t use those services. If you are paying $123 per week and the employer pays $123 per week that equals $1066 per month, which is much more than $530 per month. It sounds like the employer is no longer going to pay anything. Question 2. The only way to get continuation of coverage is through COBRA if offered. The company plan must have over 20 lives for you to be eligible. You will pay the entire $1066 plus a 2% admin fee. The only way to get an individual plan is to apply. If your husband is moving to a new company you may have health benefits there. Question 3. Most individual plans will not accept diabetics, especially if you’re insulin dependent. When you add in your other problems most likely you are uninsurable. Also, individual plans have a height and weight guideline.
