COBRA allows you to continue your employer-sponsored health insurance after job loss. Here’s how to navigate it:Understand Eligibility: Not all companies are required to offer COBRA. Know your rights and eligibility upfront.

Calculate Costs: COBRA can be expensive as you’ll likely pay the full premium yourself.

Act Quickly: You have a limited period (usually 60 days) after job loss to opt into COBRA.

Review Coverage: Make sure your COBRA plan meets your healthcare needs.

Consider Alternatives: Sometimes, marketplace insurance or Medicaid may be more cost-effective.

Keep Records: Document all communications concerning your COBRA coverage.

Consult Experts: Speak with a financial advisor to determine how COBRA fits into your budget.

Understanding COBRA can help you make informed decisions about health coverage during uncertain times.

Note: These articles are not a substitute for professional financial or legal advice. Always consult professionals for your specific needs.

This article was generated by Open AI with human guidance and editing along the way.