Health Insurance For Unemployed
Friday, July 16th, 2010If you are suddenly handed the pink slip, you might have enough saved for your day-to-day expenses. However, with your job, employer-sponsored health insurance goes too, which might be a bigger worry for you. Short term health insurance may provide you with just the coverage you need during this tough time. Short term health insurance can work best for you in specific situations: say, you’ve just graduated from college, or you are a part-timer who needs health insurance. If you are waiting for more long-term coverage, for instance, you’ve retired early and are waiting for Medicare, health insurance for unemployed can neatly fill in the coverage gap. As soon as you lose employment, voluntarily or not, the one avenue for health insurance that strikes you is COBRA insurance. While COBRA continues long-term coverage without a break, it is expensive—sometimes even beating short term insurance in cost. If you are put off by the lengthy underwriting processes characteristic of l .. Read More