The COBRA act of 1985 guarantees departing employees the right to extend group health insurance coverage for up to 18 months after company departure due to layoffs or career change. COBRA is intended to protect workers from the threat of insurance-loss in the event of job change or loss, and thus significantly reduce 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.

At MyInsuranceExpert.com, we want to help you find an Oklahoma 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 Oklahoma 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.