If you are terminated from a job, don't they have to cover your insurance till the end of the month.?

Answer 1

Nope. Not all companies or organizations are required to offer COBRA insurance.

The law generally covers group health plans maintained by employers with 20 or more employees in the prior year. It applies to plans in the private sector and those sponsored by state and local governments. The law does not, however, apply to plans sponsored by the Federal government and certain church- related organizations.

Answer 2

The answer is "NO". They can terminate you insurance the day you leave. Check you handbook. It should tell you there. If you are eligible for COBRA, you will have to pay the full premium within 90 days of being terminated and to make it retroactive, you have to pay all due premiums. You will receive a letter from the insurance company telling you if you are eligible and what the premium will be. Kind of hard to pay if you have no job. Some companies will cover you until the end of the month, some will cover you longer. However, they are not required to.

Answer 3

Yes, if you have employer-sponsored health insurance. Little wonder why most firings happen at the end of month and usually at the end of day!
Then, you have the option to continue the policy by paying 100% of the monthly premium. (COBRA law) Your first payment is due within 90 days. Your coverage remains the same as if you were an employee, same co-pays, etc.
The COBRA coverage is higher, but a good idea to keep from having a lapse in coverage, which will make it harder for you to get affordable insurance later.
You can carry COBRA for up to 18 months after termination, up to 24 in some cases.
Usually by the 18th month, you have cheaper insurance already.

Answer 4

depends on the size of the corporation, larger corps can delete you off the day you leave employement. Check your employee manual for the rules of your employer, rule of thumb is that you will be covered until the end of the month you resign or are asked to leave. Then within 14 days you should receive Cobra Enrollment forms, which you have 60 days to enroll into. Cobra runs for 18-36months depending on State or Federal Cobra. Please note that Cobra offerings should be taken very serious as obtaining individual insurance is not easy especially if you have health conditions. Consult the advice of an experienced Health Insurnace Agent who can guide you through the process, I would advice you interview several agents to help with this complicated process.

Answer 5

Your ex-employer is required to allow you to pay full price at the group rate they get from your insurer (Commonly reffered to as COBRA). They are required to cover you for the amount you have prepaid for if you pay any portion of your insurance. If they pay for it in full, they can cut it off at any time, but are required to allow you to pay the COBRA premium. You will get a letter in the mail from the HR department before your health insurance expires.

Answer 6

if you go for Cobra you have to pay for it, the employer does not. COBRA will cover you for a year at your cost. Your employer will terminate their payment of benefit the same day you term.

Answer 7

The employer nor the insurance have to keep you on past your last day of employment. UNLESS you opt for COBRA coverage at your expense.

Answer 8

You Bet. Go to the Human Resources Dept and ask about COBRA laws.
Good luck

Answer 9

I think COBRA forces them to. And I think it is more than a month.

Answer 10

Yes , then get cobra