August 15, 2003Career Planning Blog Archives |
| « August 14, 2003 | Main | August 18, 2003 » |
Hold On to Your Health InsuranceIf you get laid off from your job you have a lot to worry about. The good news is you don't have to worry about losing your group health insurance coverage. COBRA, or the Consolidated Omnibus Budget Reconciliation Act, was passed in 1986. It allows you to continue to participate in your employer's group health insurance plan by paying for your policy on your own. While it's an additional expense for you if your former employer paid for your insurance, it's still less expensive than paying for an individual policy.01:00 AM # |
Explore Career Planning
Must Reads
About.com Special Features
Tips that will help finance your education, excel in the classroom, and advance your career. More >
Looking for a new job? Use these tips and put your best foot forward. More >
©2009 About.com, a part of The New York Times Company.
All rights reserved.