Does anyone know how long health insurance is active for after being laid off?

Question

I was just laid off...and my insurance premium was still deducted from my last pay check..does that mean I have an additional 30 days of coverage?

Answer 1

Usually your insurance continues until the last day of the month in which you worked. For example, if you were laid off on July 1, you coverage would continue until July 31. This is not true for all plans, but it is the most common rule most plans use.

Answer 2

Usually its 30 days but i would check with your companies hr department to be sure .

Answer 3

If your previous employer has 20 or more employees then they are required by Federal law to offer you what is called a COBRA health insurance plan.

This COBRA plan is essentially a group continuation plan and will last for a minimum of 18 months.

Keep in mind that these COBRA plans are usually pretty pricey so only choose the COBRA plan if you cannot qualify for a much cheaper individual health insurance plan on the open market.

Here is some more information about COBRA:

Answer 4

For me I was able to finish off the month.  That was a few years back so you should call your insurance comp to make sure

Answer 5

Usually it's the last day of the current month; I was laid off May 19 and my insurance expired May 30.  The employer is legally obligated to offer you COBRA, but it is expensive.

Answer 6

30 days,  then they should offer cobra

Answer 7

I think it is 30 days.  That is how it was for me.

Answer 8

Usually the last day of the month during which you were laid off. (Which is typically how far you are paid up).

By law, they will offer you coverage through COBRA.  It will allow you to continue your health insurance for up to 2 years, but it is expensive, since you are paying for all of yourself.

http://www.dol.gov/ebsa/faqs/faq_consume...

Answer 9

I think it would be good only until the end of the month in which you were laid off. Ask your former employer or call the insurance company that way you will know for sure.

Answer 10

it really depends on the company and plan - you should ask your HR department. sometimes, they will cover additional time as part of your severance package.

Answer 11

No.  Coverage lasts until either the last day you worked, or the end of the month in which you worked, depending on how the plan was initially set up.

Answer 12

Your health insurance company

call the number on the back of your card

Answer 13

Yes.  And the insurance company will contact you and offer you the option of continuing your coverage (COBRA).  It is the federal law.

Answer 14

Call your health insurance plan to check when your coverage will end.

You should be aware that federal law allows you to extend your coverage for 18 months, if you want to.  

There's a very good article at eHow that discusses this, and has information on how to get health insurance for you and your family when you don't have a job that covers you:

http://www.ehow.com/how_2367563_keep-hea...

How to Get Health Insurance

Take a look at it, as it covers all the major possibilities for getting insurance, and gives some great resources you can use.

All the best.

Answer 15

Insurance is paid for monthly, so you have coverage until the end of the month.

Don

Answer 16

Yes... you have about 30 days for coverage while being laid off.

Answer 17

If you are on a group insurance plan with your employer, the insurance company must send you an offer to continue the insurance for a period of 90 days as long as you pay the payment, it's called COBRA and it's the law. The payments are usually high but if you have a pre-existing health issue, it may be worth it to pay the high payment., they offer this to you for 90 days or longer depending on the insurance company, until you can purchase a new health policy or find another job.  Be sure to follow this up with your employer, it's very important and you are entitled to the information.

Answer 18

Under your circumstance,I suggest here for you to have a visit.http://health-insurance.expert-tip.info/...

Answer 19

You will have to ask your employer. Since you were laid off, if your employer has at least 20 full-time employees, you are eligible for COBRA. You will receive the paperwork for this within 45 days of you last day of employment. The employer has 30 days to notify the administrator of your termination and they have 14 days to notify you of the COBRA. You will then have 60 days to elect coverage or refuse it. But you will have to pay the entire premium -100% plus 2% for administrative costs.

Answer 20

go to www.dol.gov which is the Dept of Labor site . Then search for COBRA coverage which is the transitional form you will need.

Answer 21

Depending on the policy it's either 0, 15 or 30 days.  You need to call the insurance company to find out which.