I was reading the article in Jan 2008 Consumers Report which advised against limited benefit plans.
My knowledge regarding one such plan is that it is a group policy, no medical underwriting required and limits to 5 doctor visits, $200 annual in prescriptions and maybe $10,000 maximum payout for everything.
Not a very good plan but I was interested in finding out if one participated in a plan like this then was offered cobra for 18 months would he be hippa eligible for his states hippa plans at the end of cobra?
Or would a full hippa plan not be offered since it was a limited group plan to begin with?
Seems to me that a exhausting cobra benefits from any group plan would make one hippa eligible but I would not know where to go to confirm this.
This limited plan may make sense for someone who hopes to become hippa eligible 18 months from now.
Any comments?
My knowledge regarding one such plan is that it is a group policy, no medical underwriting required and limits to 5 doctor visits, $200 annual in prescriptions and maybe $10,000 maximum payout for everything.
Not a very good plan but I was interested in finding out if one participated in a plan like this then was offered cobra for 18 months would he be hippa eligible for his states hippa plans at the end of cobra?
Or would a full hippa plan not be offered since it was a limited group plan to begin with?
Seems to me that a exhausting cobra benefits from any group plan would make one hippa eligible but I would not know where to go to confirm this.
This limited plan may make sense for someone who hopes to become hippa eligible 18 months from now.
Any comments?