When you see the unemployed rates in America, it has increased up to 8.5% in 2009 April as compared to 4.9% of last year. Being a part of that rank is stressful enough but this becomes a major misfortune when you loss out your health insurance. Especially for those people who lost their jobs recently and those who have been insured through an employer for most of their time, they are not really aware there are many options available to prevent them from becoming uninsured.
Most people when they become unemployed rely on public health insurance programs. There are many options available for health insurance for the unemployed. You can see some of the health insurance programs offered for unemployed below:
Medicaid
The Medicaid is a health insurance program which is for eligible families or individuals with low income or resources. This program is funded by both the state and federal governments. In some cases, Medicaid may help those people, who have lost their jobs or have their hour job reduced and longer afford to pay the premium of their existing health insurance plan, if they are eligible for their program.
COBRA
COBRA coverage can allow individuals and their dependents to continue an employer’s group health program even when the employment ends. To qualify, the employer must have more 20 or more employees. However, anyone who is under some other group health plan is not eligible for their plan.
There are also many other health plans which can differ from state to state. You can find it and see which one of them fits your situation.
Most people when they become unemployed rely on public health insurance programs. There are many options available for health insurance for the unemployed. You can see some of the health insurance programs offered for unemployed below:
Medicaid
The Medicaid is a health insurance program which is for eligible families or individuals with low income or resources. This program is funded by both the state and federal governments. In some cases, Medicaid may help those people, who have lost their jobs or have their hour job reduced and longer afford to pay the premium of their existing health insurance plan, if they are eligible for their program.
COBRA
COBRA coverage can allow individuals and their dependents to continue an employer’s group health program even when the employment ends. To qualify, the employer must have more 20 or more employees. However, anyone who is under some other group health plan is not eligible for their plan.
There are also many other health plans which can differ from state to state. You can find it and see which one of them fits your situation.
Comments
Post a Comment