DayDreaming
Full time employment: Posting here.
- Joined
- Jan 19, 2008
- Messages
- 848
As I understand it, when you leave an employer, they have to offer your medical continuation coverage under COBRA. But that's AFTER the fact that you've quit or ER'd. And one wouldn't know the cost under this plan until sometime later.
So how best to time it? Assuming I'm planning on leaving my job, say July 1. Do I have to have my own outside medical insurance lined up to start on July 1? Then sometime later, I get details from my employer about coverage under COBRA, then I decide which one to go with? In theory I could have gone through the trouble of getting other medical insurance for only a month or so, cancel it and take the plan under COBRA.
Or am I making this more complicated than it really is?
So how best to time it? Assuming I'm planning on leaving my job, say July 1. Do I have to have my own outside medical insurance lined up to start on July 1? Then sometime later, I get details from my employer about coverage under COBRA, then I decide which one to go with? In theory I could have gone through the trouble of getting other medical insurance for only a month or so, cancel it and take the plan under COBRA.
Or am I making this more complicated than it really is?