Unemployed. Broke. Health Insurance??
Money Issues, Tools | (3)
When you’ve been let go your first and most obvious concern is the loss of your income – but another great concern should be your health insurance. Heaven forbid you were to get into an accident or get very ill. An emergency room visit can cost you anywhere from hundreds to thousands of dollars.
COBRA
If you had health insurance with your last employer may be able to elect continuation coverage also known as COBRA. The U.S. Department of Labor has a FAQ section to give you more information on COBRA. The continuation coverage lasts for 18 months and can cover your ...