Millions of people across the United States have been able to transfer from one health insurance plan to another during a layoff or career change thanks to COBRA. The COBRA act of 1985 guarantees departing employees the right to extend group health insurance coverage for up to 18 months after their exit from their company. COBRA is intended to protect workers from the threat of insurance-loss in the event of job change or loss, and thus significantly reduce the a major deterrent to changing jobs. With COBRA, any exiting employee can now guarantee similar health insurance coverage as guaranteed under a prior group health insurance plan even if medical conditions change. The COBRA law also specifies that the departing employee will be responsible for paying the entire health insurance premium plus a processing fee.

Unfortunately, the requirement that you pay for the entirety of the health insurance premium is a big negative and makes it difficult to maintain COBRA coverage for a prolonged period of time. At MyInsuranceExpert.com, we want to help you find a New Hampshire health insurance plan that offers the benefits of your group health insurance plan at a cost you can afford. The experts at MyInsuranceExpert.com will assist you at every step of your health insurance search to find you the right New Hampshire individual or family health insurance plan to take the place of your COBRA insurance. 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.