US Edition7 Health Insurance Options to Consider Before Leaving a Job and Coverage Expires
- Employment-Based health insurance, the most common coverage in the U.S., usually ends the last day you work or the month you leave your job.
- Quitting a job triggers loss of coverage and allows eligibility for COBRA, ACA plans, Medicaid, Medicare, or joining a relative's health plan depending on factors.
- COBRA is a federal law enabling up to 18 months of continued coverage by paying full premiums, which are often costly but protect workers and families.
- Average employer health insurance premiums in 2024 were $8,951 annually for individuals and $25,572 for families, equaling roughly $746 and $2,131 monthly respectively.
- Those leaving jobs should plan ahead to explore options like COBRA, ACA marketplace, Medicaid, Medicare, or joining another plan based on age, income, and coverage needs.
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Total News Sources34
Leaning Left2Leaning Right1Center27Last UpdatedBias Distribution90% Center
Bias Distribution
- 90% of the sources are Center
90% Center
C 90%
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