Colorado Cobra Alternatives - PRWeb Press Release Group http://www.rsspad.com/rss2/17261.xml COBRA is a law that provides employees who experience a job loss with the right to elect temporary continuation of health coverage under their former employer's group plan. However, an individual health insurance policy may be a better alternative to electing COBRA coverage, according to an experienced Colorado health insurance broker. This is because, under COBRA, the former employee is responsible for up to 102% of the premium, while they only paid a fraction of the premium as an active employee. It is important to speak to an experienced broker to determine which individual policy is best given the former employee's unique situation. - Powered by PRWeb and RSSPad en xml@emediawire.com xml@emediawire.com 30 http://www.prweb.com/userfiles/200704/Healthlogo.jpg Happy Image http://www.prweb.com/ Colorado Health Insurance Expert Says There May be Better Alternatives to COBRA After Losing Employment http://www.prweb.com/releases/colorado/cobra/prweb521544.htm An individual health insurance policy may be a better alternative than electing COBRA coverage, according to Colorado health insurance expert Michael Horvat, founder of Healthquotes.com. Under COBRA, the former employee is responsible for up to 102% of the premium, whereas they likely paid only a fraction of the premium as an active employee. Care should be taken to choose the best individual policy given the former employee's unique situation. (PRWeb Apr 26, 2007)

Read the full story at http://www.prweb.com/releases/colorado/cobra/prweb521544.htm

]]> Thu, 26 Apr 2007 07:00:00 GMThttp://www.prweb.com/releases/colorado/cobra/prweb521544.htm