health insurance texas risk pool
health insurance texas risk pool
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Regarding Cobra Insurance advice benefits for Texans
The Omnibus Budget Reconciliation (COBRA) was enacted in 1985 to create continuous coverage of health care for workers' rights.
Basically, it gives these rights when one of the following "events evaluators' occurs:
1. You lose your job …
2. Their schedules are cut by their employer to do more to qualify for their authors employer's plan …
3. You have divorced and are no longer eligible for insurance through the employer of your spouse as a dependent …
4. You are eligible to begin receiving benefits from Medicare …
5. A dependent child reaches the age where they are no longer eligible for dependent coverage …
6. Their files of employer bankruptcy.
If none of these cases, your employer is required by law to inform you about what their rights are under COBRA within 30 days.
So, what are their rights? First, you have 60 days to the date of the event "described as" failed to exercise its right to continue to receive coverage from their employer.
You can still benefit up to 18 months after the qualifying event. The disadvantage is that you must pay 100% of costs for the employer to provide coverage plus an administrative fee of 2%. Typically, the average cost of $ 700.00 per month for a single person and $ 1400.00 per month for a family.
When you think how much it costs to maintain coverage under COBRA is not surprising that some people choose to do.
However, there is hope … If you're in good health and has no preexisting medical conditions, chances are fairly good as you can get a less expensive individual plan or family medical insurance.
In fact, you may be surprised to discover that an individual or family policy is likely to cost much less than the coverage provided by the employer.
For example, in 2004, the monthly premium average for individual health insurance policy for a healthy 33 year old from Texas was only $ 133. Unlike the national average 2004, which was $ 308.00 per month, and you can see how shopping for your own insurance plan can save you money.
However, even if it is healthy and a pre-existing medical condition, you can always guarantee coverage of health insurance state Texas Risk Pool. Cost will be, well … probably more than $ 350.00 per month. But this is a cost that many of us would be willing to endure, if we knew it was our only option for coverage by ourselves or a loved one.
I sincerely hope this article helped you understand what your insurance benefits and COBRA rights are in Texas. If you want more information or assistance to the election an individual or Health Plan of the family, please contact me on my site.
About the Author
Mike Massie is an independent insurance agent specializing in individual, family, and small business health coverage for Texans. He offers instant texas online health insurance quotes at his website, EasyTexasHealthInsurance.com.
Rejected for health care for high cholesterol?
I'm a woman 47 years who has always had employer provided health care. No I am self employed and have been denied by many insurance companies because of my high cholesterol. I apply to groups at risk of Texas Health Ins for about $ 700 a month. Do you know of any other options out there?
Hello. Unfortunately, today, insurance companies deny to you for anything. If you are lucky enough to get the exception, they charge a fortune. I can not get health insurance because I am underweight. I can not believe that !!!!!!!! I was rejected by 3 companies for not weigh enough. All you hear is how bad he is overweight, and I'm penalized for being skinny. I really do not know their options, except to call around to get the best price you can find insurance. It will vary greatly from one company to another. Should be denied a lot of people, because almost everyone I know has high cholesterol. My husband has high blood pressure, and has never been denied. It is crazy !!!!!!!!!! Good luck. We hope you find something you can afford 
