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Have you recently lost your job and are worried about your medical care? Or perhaps remember, quitting your job, but fear your new employer health insurance has on the basis of a pre-condition? Whether your job or choose the search for a new job elsewhere, the government has two programs that can help: COBRA and HIPPAA. These programs protect your coverage of the event you need to make the employer.

COBRA stands for Consolidated Omnibus Budget Reduction Act of 1985. It may, for the workers, their health insurance if their employer is, the policy objectives for the following reasons: Your employer terminated your position, as a spouse, your coverage will be terminated by a divorce or separation, will be turned off, your company reduces the quantity of work done, you and the result is that you no longer qualify for coverage due to any minimum number of hours for the purchase / insurance, insurance, the employee dies and leaves behind the spouse and / or children without medical care. In most states, this form of extended coverage is limited to companies with 20 or more employees. Some states have the minimum level of employees on 2nd Check with your insurance experts to determine what the current minimum is for your state.

From the day you leave your job (or your position is otherwise terminated under the above conditions), you have 60 days to choose to make your reporting as under COBRA. If you choose to formally coverage through the COBRA program, you have 45 days retroactive premiums to pay. Once you have paid all back taxes due, your policy will continue and will remain active until one of the following occurs: you voluntarily quit, the premiums are not within 30 days after the due date, a person who is under another, or from Medicare, the employer to offer group coverage for all its employees, the COBRA continuation period has reached its maximum.

HIPPAA stands for Health Insurance Portability and Accountability Act of 1996. It can be for individuals, companies and will continue under the new employer's program, regardless of existing medical conditions. Ask a costly disease that is currently under your current employer. Now you need to imagine, to relocate or perhaps a more lucrative form of employment with another company. In this situation, HIPPAA protects you not handcuffed to your current job for purposes of health insurance, the new employer must accept it.

A few of the areas in which an individual is under HIPPAA are as follows: pregnancy and prenatal health problems can not be taken into consideration existing conditions and acknowledges that credit for all prior insurance coverage during the last 12 months (limits of available time), the limiting the length of time to an existing condition may be limited to 12 months, requires that providers not drop health insurance for new employees on health insurance only.

Between HIPPAA and COBRA, people who quit their jobs early or on others to leave their current employment, with an existing illness and fear of losing their insurance, coverage against loss of their total. Check with your insurance experts to determine how COBRA and HIPPAA you can with your current employment situation.

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