How To Find The Best Rates On Health Insurance In Connecticut
If youre a Connecticut resident looking to find the best rates on Health Insurance, there are many options to take advantage of. Most probably the best rates are afforded to employers with a large employee base. However, if you are recently unemployed, self-employed or have been without employment beyond for more than 18 months, there are health insurance options for you too.
Here are a few options:
1.Recently unemployed: If you were recently laid off from your job, COBRA (Consolidated Omnibus Budget Reconciliation Act) will allow you to continue the coverages offered by your company sponsored health insurance plan if you are willing to continue paying the monthly premiums. Realize, however, your employer is no longer responsible for paying their portion of your premiums, so expect to pay more for the same coverage. COBRA coverage lasts for approximately 18 months.
2.Unemployed beyond COBRA: Health Reinsurance Association of Connecticut (HRA) provides options for people who have exhausted their COBRA benefits. HRA is a non-profit association of insurance companies and HMOs who provide...