Faced with COBRA??

You may not know...but for someone who has been terminated from employment after 6/1/2010 they are not eligible for COBRA subsidy and will be responsible for the whole cost.

If you are now faced with the high cost of COBRA, here are some options:

1.  If you have medical conditions that make you ineligible for health insurance in the private market you can pursue ICHIP.  The Illinois Comprehensive Health Insurance Plan (ICHIP) is our states high-risk insurance pool.  If you have medical conditions that make you ineligible for health insurance in the private market you can pursue ICHIP.  The Illinois Comprehensive Health Insurance Plan (ICHIP) is our states high-risk insurance pool.  

• Depending on your age and smoking status, COBRA may be lower in cost
• Would need a declination letter from a private carrier to be eligible for coverage if COBRA has not exhausted

2.  Depending on medical condition coverage you can pursue coverage in the private market and possibly be offered  coverage w/o any exclusions, but with an increase of premium to take on health risk

3.  If you are not receiving treatment and have a clean health bill then seeking coverage in the private market is your best alternative to COBRA.

Please call or stop by the shoppe with any questions.

Thanks,

The Shoppe