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Switched From COBRA to an Individual Health PlanLast year, I found myself in a new situation that I had never found myself in before. I was laid off from my job and I didn't know what to do. Aside from the obvious issue of needing an immediate source of income, I also faced another problem. I didn't know what I was going to do as far as health coverage was concerned. My job had offered me a severance package with some benefits included, but in a few short months I'd be faced with some premiums that were twice as high as they were before. I simply couldn't afford to pay over $500 per month for myself. This sounded outrageous to me, as I'm sure it would to you too. Especially when I had no job and no means to afford it. COBRA was simply way more money than I was able to afford at the time, so I needed to start looking for an individual health insurance plan that might cover some of the things I needed covered. Anyway, I started shopping around through some online brokerages and eventually came into contact with a few carriers who seemed like they'd have what I needed. After the basic application process I was contacted by an agent, who asked me some follow up questions about my health. Two months later, I'm now approved and enjoying a pretty good policy with benefits around $300 per month. It's not ideal for me, but it sure beats COBRA. Look hard enough and you'll find one for yourself too. f Blue Cross Blue Shield of Alabama dental Insurance How to Use Your Health Insurance to Save Money Please Leave a CommentLinks
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