Posted: Wed May 21, 2008 10:54 am Post subject: Health Insurance help
I want to move out of state, and I am actually thinking about quitting my job and starting over. How long will my insurance cover me before I must pay out of my pocket, and does it carry over like that? Does it depend on the company and the type of insurance I have? I have never done this before, so I am unsure.
It is hard for companies to take me seriously out of state, when I am looking for jobs......They are pretty much hiring people that are already in the area so I don't really know what to do. The area I want to live does not have facilities even close to where I want to move too for transfer. Or should I just look for the closest facility? Which would mean more than one move!!
I am nearing 50, single/no children with avg health so I am taking a huge risk relocating w/o anything, can anyone help? I have BC/BS right now.
Posted: Wed May 21, 2008 11:10 am Post subject: insurance
Wanted to say hello and welcome to the forum. You want to "start over?" Well........sometimes that's a good move for some people. What other state are you planning to move to? Do you have BC/CS through your employment? ( I think?) BC/BS is one of those 'universal' health insurance companies you can maintain, NO MATTER where you live. However.......I'm not an 'expert' on insurance. I know someone will answer your post who has alittle more information than I do...sorry I can't help more than that. Just wanted to say.."welcome."
Or should I just look for the closest facility? Which would mean more than one move!!
Well, it all depends on your areas of operation & the responsibilities that you are sharing right now!
At your age, it is very much unlikely that you'd need to shift to an unfavorable place..so you'd better think twice before you take a step ahead. Wish you goodluck, CosmosGloria _________________ Register Now to have your Insurance queries solved.
Posted: Thu May 22, 2008 6:41 am Post subject: Some options..
Hey,
You could probably find a very good option in the form of COBRA (Consolidated Omnibus Budget Reconciliation Act,1985) which supports you for a minimum of 18 months post retirement.
Since you have health insurance in place right now, I would tell you that you're still eligible to continue with your insurance at only a marginal increment of 2% (ie. 102% of your group rate) for all these 18 months.
Even after the 18 months of Cobra coverage, you may opt for any pvt. individual policy (since you have already maintained an avg health) as per the HIPAA act. Now see, the premiums that you'd need to pay may differ from one state to another.
If there are no community-ratings for such policies then there is a possibility that the premiums are likely to increase for you than when you were employed or than when you were enjoying the Cobra benefits.
Wish you a healthier time ahead..
Press-Jerky _________________ Register Now to have your Insurance queries solved.
