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What is State Continuation Coverage in Health Insurance?
<lingo>State continuation coverage is very similar to COBRA, but is designed for employers who have under 20 employees and provide a group health insurance policy. There are some states where this coverage applies to larger companies, as well, and where it adds to the protections that COBRA provides. In states where the coverage is expansive, coverage will continue until Medicare eligibility for those who leave a plan that is job-based. However, it is important to note that this coverage can be costly, and that not all states offer it at this level. Checking with a person's individual state will be necessary to find complete information.</lingo>
State Continuation Coverage Clearly and Briefly Explained
When an employer who has fewer than 20 employees offers a group health insurance policy, many employees choose to be a part of that plan. If those employees leave that job, they may want to keep their coverage. Many employees would choose COBRA coverage at that point, but not everyone is eligible for the insurance and protection it provides. It can also be very expensive. But state continuation coverage is available to people who leave their job-based plan if they've been working for an employer who has fewer than 20 total employees. Understanding the cost and level of coverage is also very important.
<twitter>State continuation coverage is very similar to COBRA, but is designed for employers who have under 20 employees and provide a group health insurance policy.</twitter>
Some states provide a much higher and more complete level of state continuation coverage than others, so anyone wanting to find out more will need to see what their individual state offers. Discovering that information will help anyone who is looking into their state's continuation coverage options and whether that would be the best choice if they lose their job-based insurance. It's not the right option for everyone, as some people choose to go on a spouse's insurance plan instead, or they exercise other options that will help them stay covered for a fair price. However, it's always good to know what's offered for insurance so that a sound financial and health choice can be made and a person doesn't have to give up having insurance coverage at all.
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