Medical insurance and health insurance options and suggestions after unemployment

As a result of the epidemic, the unemployed population in the United States continues to soar just like the number of confirmed cases. There is no trend to slow down at all. Although the federal government has provided many unemployment relief programs and related subsidies, Major problem of losing your job is losing your medical insurance and health insurance as well. At this critical time when the epidemic is raging, if you accidentally win the bid to become a new crown patient, it is not enough to rely on these subsidies to pay for medical expenses. Therefore, this article will share with you some options and suggestions on how to deal with your own medical insurance and health insurance after job dismissal.

1. ★Transfer to the medical insurance and health insurance of your spouse or relative★

One of the fastest ways to save trouble is to add yourself to the insurance plan sponsored by your spouse’s employer. Depending on the terms of each company, some employers provide partial subsidies for the insurance of their family members, but in many cases, employees must pay the full premiums of their family members.

2. ★COBRA: Continue to participate in the original medical insurance and health insurance★

CORBA: The Consolidated Omnibus Budget Reconciliation Act . According to the federal COBRA law or California CAL-COBRA regulations, the former employee can continue to use the original medical insurance and health insurance for 18 to 36 months, but the premium will be paid by the employee in full, and the employer will no longer help pay for it.

COBRA's premium is basically more expensive, usually the premium plus an additional 2% handling fee. From the date of sending the notice or from the end of insurance (whichever is the later), employees have 60 days to decide whether to join COBRA. During the 60-day decision period, it is recommended to try to buy from the medical insurance and health insurance market platform (for example, California is Covered California), and then apply for government subsidies.

COBRA applies to companies with more than 20 employees, but it does not apply to employees whose previous employer did not provide medical insurance and health insurance. Several states provide a separate registration period, or a renewal version supported by their respective state governments.

3. ★Go to the government medical insurance and health insurance market platform to purchase new medical plans★

Although the medical insurance and health insurance market platform must be registered within a fixed Open Enrollment time (usually from November to January) each year to enjoy, but if it meets the conditions of the Special Enrollment Period (SEP), such as unemployment, moving, marriage, widowhood, Major life changes, such as giving birth or adopting a child, need to apply for medical insurance and health insurance. It is not limited to the time limit of Open Enrollment, and medical insurance and health insurance can be purchased within 60 days after the incident. Depending on their income, the unemployed may be eligible for tax credits to help reduce monthly insurance premiums.

During this period, due to the new crown epidemic, some states have temporarily reopened Open Enrollment. At present, only the special Open Enrollment for the new crown epidemic in California remains open and will be closed until 6/30/2020. Therefore, the unemployed in California can use Cover California to make comparisons and purchases of medical insurance and health insurance plans during this period .

4. ★Is it eligible for low-income medical insurance and health insurance (white card) Medicaid or red and blue card Medicare★

Low-income medical insurance and health insurance (white card) Medicaid is a public assistance medical insurance and health insurance. Based on individual family income, people whose annual income is below the poverty line can apply for the free Medicaid program hosted by each state. The name of the white card varies from state to state. For example, California's Medicaid is called Medi-Cal). A white card can be applied for at any time. If the qualification is approved, the medical treatment is almost free or only a low fee. Click here to check whether you are eligible for the California White Card.

The red and blue card Medicare is a medical insurance and health insurance plan for people over 65 years of age with citizenship/green card status. If you are 65 years old when you are unemployed, you can choose to join the red and blue card. Although you still need to pay a monthly fee, the price is higher than the market. It is much cheaper to buy or COBRA. If you are 65 years old and meet the low-income requirements, you can also apply for a white card at the same time, so that the white card will pay for the red and blue cards. Can click here for compliance with the red and blue card eligibility.

▲For the white card information and website integration of each state, please click here for reference .

▲For more information about white cards and red and blue cards, please refer to this article.

5. ★Learn about Child Medical insurance and health insurance Program★

Children's Medical insurance and health insurance Program, which is an extension of White Card Medicaid, provides CHIP-qualified low-cost children’s medical insurance and health insurance for families whose income is higher than the white card requirements to obtain free or low-cost medical insurance and health insurance (CHIP in some states also Can provide medical insurance and health insurance for pregnant women). CHIP can be applied for at the Medicaid management agency, click here to learn more about CHIP or apply.

6. ★Find medical insurance and health insurance broker or a medical insurance and health insurance company to buy insurance directly★

The advantage of insurance brokers is that they can assist in the evaluation and selection of the most suitable insurance plans and assist in handling them. Some people choose not to go through an insurance broker and buy directly from the medical insurance company. Now the websites of major insurance companies are doing well, you can directly compare purchases online, and have online customer service for timely assistance.

★CONCLUSION★

This article only provides basic general knowledge of Health Insurance and Medical insurance especially for unemployed and low-income people in USA. The detailed insurance Health Insurance and Medical insurance options and suggestions are subject to the actual insurance policy and contract clauses. For details, please contact professional insurance brokers for in-depth understanding. Health Insurance and Medical insurance is not good or bad, only suitable, and inappropriate. It is recommended that partners and professional insurance brokers have an in-depth understanding and find the most suitable choice according to their own conditions and your personal requirements.

If you have any questions about life insurance or the content in the article, please feel free to contact by sending email to this Email Address You can also contact by visiting any Social Media Platforms and don't forget to follow on

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