Tuesday, December 9, 2008

Time to Review Your Health Insurance Continuation Coverage Under COBRA

The Kaiser Family Foundation has posted a timely Issue Brief on Health Coverage in a Period of Rising Unemployment By Karyn Schwartz. With rising unemployment and a tightening job market it is time to consider the possibility of being laid-off and the related impact on your family's health insurance protection. As discussed in this issue brief you may be able to hold on to your existing coverage, but it may be expensive. Those with preexisting medical conditions may view that as a preferred alternative to taking out a less expensive policy that omits coverage for preexisting conditions and only covers major medical expenses.

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