Health Insurance - Job Changes

Health insurance does not necessarily have anything to do with your job. If you have a private health insurance policy or a publicly funded, government-run insurance policy, your employment status doesn't usually matter. But if your insurance is employer-based, things can get a bit trickier. When you change jobs, you have to wait for a certain period before you apply for health insurance at your job. Until then, you can apply for COBRA program and other government programs to help you get by.

Insurance Between Jobs

If you changed your job because you fired or because you quit, you have a right to apply for coverage under Consolidated Omnibus Budget Reconciliation Act (COBRA). This state-run program gives you and your family same kind of benefits that you would get under your previous employer. You would have to pay the same rates and penalties as before.

If you have children, you may want to consider applying for State Children’s Health Insurance Program (SCHIP). If you earned too much to qualify for Medicaid but can't afford to cover your children on your own, this program will insure them for you. This is particularly useful in case of medical emergencies and unexpected illnesses.

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