Upon leaving an employer, whether from retirement, layoff, etc., it’s wise for employees to compare individual health plans to those of COBRA. Although COBRA allows employees to keep the existing health plan benefits, it can come at a hefty cost.
Individual plans can be a competitive price solution to COBRA, while also providing potentially similar benefits. While COBRA typically only lasts 18 months, individual plans can begin within 60 days of losing employer group coverage. Plus, Wallace & Turner can assist with renewing these offerings year after year.
Who Wallace & Turner helps:
Individuals without employer health coverage
Individuals looking for COBRA alternatives
1099 independent contractors
Bridging a gap before Medicare eligibility
Part-time or seasonal workers
Spouse of someone on Medicare
Dependent children
If you’re researching coverage options upon losing employer coverage, we can schedule a phone or in-person consultation to help you understand your choices. We conduct research on your behalf to find coverage options that include preferred doctors, prescriptions and benefits that align with your needs and budget. Additionally, we help with the enrollment process from start to finish, and all of this is at no cost to employees or employers!
