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You can often use it to game insurance between jobs though. You have like 60 or 90 days to decline coverage, and it backdates to the day you lost coverage. So
by brianwawok 3y ago
You can often use it to game insurance between jobs though. You have like 60 or 90 days to decline coverage, and it backdates to the day you lost coverage.
So 46 days of gap between job 1 and job 2? Don't get cobra, just tough it out. If medical bills are >= 3k, then go ahead and sign up for cobra and get a chunk covered.
- ghaff 3y agoThe COBRA option is pretty nice to have available as gap coverage if you need it even if it is pretty expensive at the family level. (Of course, personally paid 100% medical insurance in the US in general is expensive--especially at the family level.) COBRA at least means you don't potentially have to switch medical providers because of a short-term switch in insurance.