mark500
Recycles dryer sheets
- Joined
- Feb 26, 2006
- Messages
- 146
Scenario:
I give my 90 days notice to my employer that has group health insurance. One month after I quit, I am diagnosed with leukemia.
I use COBRA law to maintain coverage for 18 months.
During those 18 months, I must find an individual health insurance policy.
I cannot find coverage without permanent exclusion for leukemia, or the premiums are unaffordable.
To prevent this possibility, wouldn't it be wise to secure an individual health insurance policy before giving the 90 day notice to quit work? That way, I would be covered for the leukemia.
With individual health insurance policies, how often do the insurers raise the premiums with age and/or claims related to serious diseases? As I understand it, individual health insurance policies do not have as much protection from premium increases as do group plans.
I give my 90 days notice to my employer that has group health insurance. One month after I quit, I am diagnosed with leukemia.
I use COBRA law to maintain coverage for 18 months.
During those 18 months, I must find an individual health insurance policy.
I cannot find coverage without permanent exclusion for leukemia, or the premiums are unaffordable.
To prevent this possibility, wouldn't it be wise to secure an individual health insurance policy before giving the 90 day notice to quit work? That way, I would be covered for the leukemia.
With individual health insurance policies, how often do the insurers raise the premiums with age and/or claims related to serious diseases? As I understand it, individual health insurance policies do not have as much protection from premium increases as do group plans.