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Health insurance Fort Worth TX for the recently unemployed

If you’re living in Fort Worth, Texas and have just lost your job, you could still be eligible to receive healthcare insurance benefits. Many people are offered healthcare plans from their employers, but if you happen to be unemployed it doesn’t mean you have to go without medical insurance. Federal and Texas state laws allow recently unemployed people to stay on their previous healthcare plan for a specific period of time. If you’re not eligible for this type of coverage there are still more options for low-cost health insurance. This means you can still be covered by health insurance Fort Worth TX.

If you just left your job less than 60 days ago and had a health plan through work, you might still be able to keep the health insurance for a limited time. This is also the case for workers who have lost their coverage because their hours have been cut back. This is all possible if you’re willing to pay the full amount of your premiums with no help from your present or former employer. This is a good option as it’s usually less expensive than buying an individual health insurance Fort Worth TX plan from a private insurer.

The coverage is possible due to the Consolidated Omnibus Budget Reconciliation Act, also known as COBRA. This law allows employees as well as some retired employees the right to group coverage from their previous plans. You can usually keep the medical insurance for up to 18 months, while your dependent children and spouse can get up to 36 more months of coverage. However, the COBRA may end if the employer opts to leave the group plan.

The COBRA program is in effect for all employer healthcare plans that have 20 or more members in them. But plans that are sponsored certain church organizations and the federal government aren’t eligible for the extended coverage. You, your spouse, and dependent child have 60 days to decide if you want the coverage after you qualify for COBRA. If you accept it, you will have to pay the full amount of the premiums.

For more information on COBRA and any other type of healthcare coverage it’s a good idea to visit www.getqualityinsurance.com as the professional agency can answer all of your questions and help you select a medical insurance plan that will suit your healthcare needs, lifestyle, and budget. You can also try out their free, instant quote engine to compare the rates from the state’s leading insurance carriers. If you’d like to speak with an agent just give them a quick call or send an email.