Cobra insurance coverage and the lap band

[karibensea 7]

Hello all

Well yesterday was the last of my 6 mo weight management Dr visits and the excitement builds. The paper work for approval will be submitted I am going to guess this next week as soon as the Lap Band doctor gets all the paper work from the other doc.

So here I am all excited and when I get back to work I am told that they are terminating my position! WTH now what am I going to do, well it would seem I can do Cobra and it is not so crazy to pay for since the new act of law has been inforced.

What I want to know is this has anyone ever had this happen and doing Cobra will this effect my coverage and OH MY GOD please tell me I am not going to have to go through all the hoops again to get re-qualified. This has already been a 9 mo process and I am just about there.

Does anyone have insite here? PLease help as there has to be a light at the end of this horid day I had yesterday after losing my job.

Thanks

[Ridgies Rock 0]

I am so sorry to hear about your job loss, that's awful. We are in the middle of layoffs and I asked the same question of my benefits department. Their reply was that they don't administer Cobra so they couldn't speak specifically about their process, but that your coverage was to remain identical to your current coverage because the plan itself doesn't change. Cobra just allows you to continue to take part in an employer group plan, versus having to go out shopping for an individual health insurance plan. Hope that helps!

[dhall111 0]

I'm the VP of HR at my company and benefits is one of my specialty areas. COBRA coverage is the SAME exact coverage you currently have. There are no changes, your plan continues just as if you're still employed as long as you continue to make your premium payments. Be very diligent in making your payments, you don't want a denial due to a technicality.