Those facing the prospect of layoffs or career change need not worry about losing their health insurance thanks to COBRA. COBRA, or the Federal Consolidated Omnibus Budget Reconciliation Act of 1985, is a law designed to allow an extension of group health insurance plans for departing employees thus enabling those employees time to find alternative health insurance or another job. 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.

The fact is most people cannot afford to pay group health insurance for much longer than a few months. Without employer contributions to a group health insurance plan, COBRA insurance can be extremely expensive for the average North Dakota. If you are looking for an alternative to to your COBRA insurance, you've come to the right place at MyInsuranceExpert.com. The experts at MyInsuranceExpert.com will assist you at every step of your health insurance search to find you the right North Dakota individual or family health insurance plan to take the place of your COBRA insurance.