When does heath insurance end when you leave a job, does it end right away or in thirty days ?

Answer 1

Assuming you are not a special case (union, government employee), I believe your health insurance ends immediately. However, all employers are required to allow you get continuing coverage under the existing health plan and can charge you a rate up to 102% of the costs. This continuing coverage must be provided for at least 18 months.

So you can have health insurance but you just have to pay for it.

Answer 2

If you've already left your job, I'd think about calling your insurance company. Most insurance companies will know what your employer's policy is... If they're unsure, or if you are able to speak with your benefit administrator @ work, call & ask them. Some plans will end immediately. Some wait until the end of the month. Some will extend it to 30 additional days. Good luck

Answer 3

Call your employer's Human Resource Department or Benefits Center because the answer differs based on the employers plan. I used to work in HR and some companies end coverage at midnight on your last day of working, others end it at the next payroll cycle or even at the end of the month. This especially differs if you are quiting versus retiring from your job. Never assume when it comes to benefits so pick up the phone and call them today! Also HR has to keep your conversations confidential so if you haven't already told your boss that you're quitting they won't find out from HR by you asking the question.

Answer 4

The answers vary widely. You definitely need to check with the Human Resources Dept.

And while you're at it, you should probably ask about the potential for COBRA. Most (but not ALL) companies are required to offer you continuation coverage through the group plan for up to 18 months; however, you would have to pay the entire cost of the coverage (plus, possibly, up to 2% extra for administrative costs.) If it's available to you, you'll have up to 63 days to decide whether or not to take it out.

However, even if it's available, you may want to consider getting individual coverage instead. It may be cheaper unless someone on the plan has serious pre-existing conditions. Since you will have up to 63 days to decide on which plans to take (that's the maximum gap in coverage for you to have guaranteed coverage for any pre-existing conditions, regardless of whether you take the COBRA or individual policy option), that will give you time to apply for individual coverage and find out how your rates would be compared to the group plan.

Answer 5

It really depends, most of the time health insurance ends immediately. You should really check with your employer or insurance company.

Answer 6

It ends immediately. I would suggest getting a health policy going before that happens. You may want to try a website that compares multiple companies at once to get you the best price. I am paying less than ½ after I did.

Go to: http://www.insureme.com/landing.aspx?Refby=616163&Type=health

Take care,
Casey

Answer 7

It can go either way, depending on what state you live in, how it was paid for (fully paid by the employer, or did you contribute?), and what type of plan it is.

You'll have to check with the specific employer to be sure.

Answer 8

Depends on the employer. They can have it end right away or they may give you a time frame.

Answer 9

You have some great answers here.
If you do need something to get you by then let me know, I have a discount plan that will save you money

Answer 10

Unless you opt to purchase COBRA coverage, the insurance will end immediately.