Cobra Insurance info needed or any help with this matter. Thank you!

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No, you can't make payments. BUT, I'm pretty sure that federal law states that you can have a lapse of less than 63 days. Let me see if I can find the link.

I've only sold a few health policies so I haven't kept up with the law.

On Dec 17, 2007 12:50 AM, Jaimie <sosoft_2003@yahoo.com> wrote:

Hi, my husband recently changed jobs and we had to take the Cobra

insurance for 3 months until his insurance at his new job takes

effect…due to the fact that we both have pre-existing conditions and

his new insurance at his new job could turn us down for that we found

out.

There cant be a lapse in insurance or the new ins. company can decline

you and your family – no matter what. SO we are stuck with this Cobra

insurance.

We found that our prescription totals would be less then the premium

but we have to have insurance to have us covered under a new job

because of thep pre-existing conditions.

Get this – our premium is $848.00 a month! But we have to have it or

we may never be covered again if we have a lapse in insurance.

Our next premium is due at the end of Dec. and it says it has to be

paid in full…does anyone know if we can make payments to them or

what else we can do…thats alot of money for us and will take over 2

paychecks to just pay for the insurance.

We only have to have it until Feb. 1st but it's killing us and our

Christmas by paying it.

Anything you know about Cobra would be great.

We tried to sign up for a few things but PPA was not a insurance

policy and we would lapse and risk losing insurance for us and our

kids, and through the state we make $48.00 too much gross.

If they would look at what we bring home in pay instead of gross wew

would be under the limit by alot. So we are stuck with cobra.

Thank you.

—
Monique

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