To ensure that individuals receiving health insurance through a group health insurance plan provided by an employer have some protection in the event of job loss, the federal government passed the COBRA legislation under the Federal Consolidated Omnibus Budget Reconciliation Act of 1985. This act allows departing employees the right to extend their group health insurance coverage for up to 18 months at the price paid by the employer. The only caveat is that the employee is responsible for the full costs of the health insurance plan in addition to a processing fee.

The high costs of COBRA thus makes it a stop-gap while searching for more affordable health insurance or another job. If you are looking for cheaper Ohio family or individual health insurance, look no further than MyInsuranceExpert.com. With the tools and resources provided by MyInsuranceExpert.com, you can quickly and easily compare numerous health insurance plans across a wide range of price points to find what is right for you.