Good substitute to Cobra insurance?

**ablaye** · #1 05-09-2009, 03:10 PM

What private insurance would be a good substitute for Cobra?
I have been laid off a few months ago and have yet to find another job. In the meantime, I have been paying more than $400/month for Cobra insurance.
Is there any good cheaper alternative to Cobra? I have a pre-existing condition to keep in mind.

**anthony** · #2 05-18-2009, 10:42 AM

i do not have idea about this cobra insurance can anyone make me clear the concept of it i will b thankful

**brother** · #3 05-18-2009, 09:31 PM

What is COBRA?

The Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA) requires most employers with group health plans to offer employees the opportunity to continue temporarily their group health care coverage under their employer's plan if their coverage otherwise would cease due to termination, layoff, or other change in employment status (referred to as "qualifying events").

Read more at COBRA Insurance FAQ's

**miyakayu** · #4 07-10-2009, 04:43 PM

You can check with these companies, blue cross blue shield and Humana, but the the best way is to go to a local, independent agent. They have a real office if you have a problem, they're familiar with your local marketplace, and know who is most competitive; and they know which companies don't have very many providers in your area.

I'm sure you'll get offers for "health discount plans" from this question. They are usually a bad deal, and most people end up hating them, because despite what's claimed, MOST providers won't take them.

**igorvolseo** · #5 07-28-2010, 07:54 AM

Is cobra insurance is helpful for family health insurance?
i need a best source for my family medical insurance