Yes, you can get health insurance when you are unemployed. Your chances of getting affordable health insurance depends on your age, medical issues and how long ago you were employed. When it comes to health insurance in the short term, there is no one-size-fits-all option.
Consider Consolidated Omnibus Reconciliation Budget Act (COBRA) insurance if you have been recently laid off from your job. This act of Congress requires employers to keep former employees on the health insurance company for 18 months after the employee was laid off. The disadvantage is that employees must pay the entire insurance premiums rather than being a portion of the cost. In general, the dismissed employees to pay about $ 200 for individual rates and $ 1,000 for family rates.
Learn if you qualify for COBRA insurance with your former employer. You are eligible for COBRA coverage if your employer has 20 or more employees enrolled in a group plan that worked more than six months of the year. You must also have experienced a "qualifying event" to qualify for COBRA, including leaving the company and become unemployed.
Contact your former employer within 30 days of your departure from the company, and ask your employer what you need to do to enroll in COBRA. Your employer will send you an application form and others that allow you to choose the coverage you want and your payment plan. Submit these forms to your employer as soon as you can to begin receiving coverage.
Check if your spouse's employer offers health insurance for spouses of employees recently laid off (if you choose not to enroll in COBRA). If they do, complete and submit an application for employee coverage. Expect to pay the full cost of plan coverage.
Looking for short-term coverage if COBRA or spouse of dependent coverage does not work for you. Search for any insurance organizations (including those selling insurance online) that carry a "gap" or short term health insurance policy, you can use everything in between jobs (see Resources). Once you find such an organism, fill out an application to short-term insurance and choose a payment plan (again, you can often submit your online application).
Get a policy of individual health insurance options if the above does not work for you. Go to your local office and complete an application's individual policy. Consider an individual policy as a last resort because it is often the most expensive. Yet it is still an improvement over waive insurance altogether.
Mar 01 '12 at 00:21