The Federal Consolidated Omnibus Budget Reconciliation Act of 1985, better known as COBRA, was a piece of legislation enacted to protect departing employees from losing essential health insurance coverage while searching for a new job. COBRA allows for an extension of group health insurance coverage for up to 18 months that will provide the employee the necessary leeway to find a new job or transfer health insurance coverage to a privately manage health insurance company. Under COBRA, all departing employers have the right to continue the group health insurance coverage offered by the company so long as they pay the entirety of the costs in addition to a processing fee.

Since group health insurance plans are normally discounted by an employer, the costs of extending COBRA coverage can be prohibitive. The prohibitive costs basically necessitate that the departing employee find an affordable alternative as quickly as possible. MyInsuranceExpert.com makes it easy to find alternatives to COBRA coverage by giving you tools too quickly and easily compare health insurance plans from a variety of providers on attributes like price, deductibles, co-pays and other plan benefits. MyInsuranceExpert.com is dedicated to giving you the options you deserve when moving between companies so that you do not need to rely exclusively on expensive and cumbersome COBRA coverage.