Employee insurance qustion !!! help !!?

Question

i am recently hopsitalized due to a illness and luckily i have insurance at work so that gave me a big relief... but im just wondering if I quit my job right now, is my "previous" insurance from work still going to cover my expenses, or i have to end up paying hundreds thousands of dollars???

is there a time period for my to get my claims from insurance ?? is it at least one year? 6 months?

please help!!!!!!!! thanks!!!!!

Answer 1

How long the employer will cover you after you terminate employment is up to the employer. Some will cover you to the end of the month, some the end of the week and some only up to the day to terminate. You will have to check with them. If you do terminate, ask about continuing your coverage through COBRA. It will be expensive, but at least you will have coverage.

Usually, you have 1 year to submit claims for payment.

Answer 2

Under the provisions of the Consolidated Omnibus Budget Reconciliation Act (COBRA) of 1986,  If your employer employs >20 employees and is not a church or Federal Governement employer, then your employer generally must allow you to continue your coverage once you leave employment (or otherwise become ineligible for health ins coverage) for up to 18 months if you quit or are fired/laid off. And depending on your state, the employer may be required to allow you to continue this coverage longer than the Federal 18 month requirement But the bad news is that you'll have to pay the full premium yourself. . Check with your employer.

BruceM