Thanks to COBRA, anyone can continue their group health insurance even if they are laid off or changing careers. The Federal Consolidated Omnibus Budget Reconciliation Act of 1985 was enacted to give workers the right to extend group health insurance coverage provided by an employer for up to 18 months, should they suffer layoffs or chose to pursue a new career path. COBRA as it is now known, protects departing employees from the possibility of being uninsured by guaranteeing portability of health insurance coverage. As per COBRA, an employer is obligated to cooperate fully with an employee seeking to extend their group health insurance coverage and the employee agrees to pay the full health insurance premium plus a processing fee.

Unfortunately, it's nearly impossible to expect that you can pay for group health insurance for much longer than a month or two. At MyInsuranceExpert.com, we know that absent employer contributions to your group health insurance plan, COBRA insurance is simply to expensive to pay month-in and month-out for too long. MyInsuranceExpert.com makes it easy to find alternatives to COBRA coverage by giving you tools to 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.