Can I take my health insurance coverage with me?

Julieakin • March 12, 2014

If I change jobs or become unemployed, can I take my health insurance coverage with me?

 

If you switch employers, you have the right to carry your group health insurance coverage with you to a new job for up to 18 months under the Consolidated Omnibus Budget Reconciliation Act (COBRA).
You must pay the full premium, but at group rates that are far cheaper than the individual rates you would pay for similar coverage. Health insurance under COBRA is available if you are in the following situations:

  1. You leave a company and become unemployed or self-employed for up to 18 months.
  2. You are a widow or widower or child of an employee who dies while working for the same company for three years or more.
  3. You are the divorced spouse or child of an employee who has left the company he or she was employed at for at least three years.
  4. You are the child of an employee who left a job and have not yet reached age 23.

NOTE: If you need COBRA benefits, you must fill out the appropriate forms from your employer’s benefits department within 60 days of leaving your job. If you do not act within that time, you may be denied coverage.


Source: iii.org

A person is holding an umbrella over a pile of money.

How Much Liability Coverage Do I Need?

By Julie Akin • March 13, 2025
Do you know how to select the proper liability limits to protect your assets?  Most likely, the answer is "No" but we here at Budget Insurance & Tucson Insurance Solutions make it simple and easy to calculate the level of protection that's right for you. All too many times we as consumers get caught up […] The post How Much Liability Coverage Do I Need? appeared first on Budget Insurance - Tucson, AZ.
A yellow tow truck with a green car on top of it.

Driving with Confidence: Unveiling the Benefits of Auto Mechanical Breakdown Protection

By Julie Akin • August 18, 2023
Safeguarding Your Ride: Exploring Auto Mechanical Breakdown Protection Your car is more than just a means of transportation; it's a reliable companion that takes you on journeys both near and far. However, like all mechanical things, vehicles are prone to wear and tear, and the possibility of breakdowns is ever-present. This is where auto mechanical […] The post Driving with Confidence: Unveiling the Benefits of Auto Mechanical Breakdown Protection appeared first on Budget Insurance - Tucson, AZ.
A bunch of coins stacked on top of each other with a graph in the background.

Rising Auto and Home Insurance Rates

By Julie Akin • July 19, 2023
Why home and auto insurance rates are continuing to rise in 2023 Thanks to an unusual convergence of market trends, ushered in by the pandemic and followed by other disruptive events, you may see a bigger change to the cost of your home and auto insurance than usual when it comes time to renew your […] The post Rising Auto and Home Insurance Rates appeared first on Budget Insurance - Tucson, AZ.