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People who have an employer sponsored health insurance plan in Texas and then lose their jobs do not have to go without health insurance. The bad news is that it will cost you more since your employer will not be covering part of it. Health insurance in Texas for people between jobs is covered by COBRA. COBRA stands for the Consolidated Omnibus Budget Reconciliation Act. This insurance is controlled federal government and must be offered to employees that lose their jobs so that they may have continuous coverage while they look for a new job.
The way it works is you would pay more than you would if you were still an employee of a company. You would continue coverage for you and your family. This kind of health insurance in Texas can help you keep health benefits for you and your family. With COBRA, you are allowed coverage for 18 months and for your spouse and dependents, they are allowed health insurance coverage for twice as long. This alternate health plan is basically used when an employee is not longer employed.
COBRA is used where companies have more than 20 employees. If an employee is disabled or uses Medicare, the rest of their family is allowed to use COBRA. There is a window of 60 days to give you time enough to decide whether or not you want to use the alternative health care coverage. If you decide to get this health insurance in Texas, payment of the full premium is required along with a fee.
There are special considerations if your group health insurance as through an HMO. You will want to review your policy to ensure you continue to use your plan in the same way and only use in-network doctors or your company may choose to limit your coverage to only emergency care.
In the state of Texas, there is a law that discusses a continuation period. This period lasts for about half a year. This continuation period starts when your COBRA coverage stops. If you can get the continuation, but prefer COBRA instead, then you will have two years to get health care insurance.
State law mandates that health insurance carriers are to make available a group continuation privilege for those who no longer have the alternate insurance. The person should have been covered under the group contract. With this kind of health insurance in Texas, the group insurance coverage won't stop until after there is evidence that no payment has been made.
COBRA is not the only option for people who lose their jobs. Texas has what is known as the Health Pool. People who don't qualify for new health insurance coverage due to a pre-existing condition may qualify for this kind of health insurance in Texas. This will allow for the most vital medical needs to be taken care of, although the coverage may not be as extensive as a regular health insurance plan. There are several factors that will determine whether you qualify for the Health Pool; Medicaid or Medicare: or perhaps using COBRA is the best option for you. You may wish to discuss your options with a social worker to see which would work for you.
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