| As more people face job cuts in this slowing economy, the issue of COBRA
medical insurance becomes more important. This is a very brief review of a
few of the most important points if you are suddenly faced with the need to
pay for your own medical coverage. |
| LindaM wrote in message
news:3B032C73.AADAB11@nomorespam.com...
This Sundays NY Times Travel Section did an entire column on Travel
Insurances. I would get over to your local library and read it. I dont
remember being impressed with any of them, and the author herself was
unable to collect from one reputable company when her cruise was
canceled. However, the article has done some work for you.
Mike Cordelli wrote:
With the amount of people who travel all the time here, somebody must
know
this (and since there isnt a rec.travel.insurance.inquiry this is as
good
of place as any to ask)
Because American Express is dropping their annual medical coverage for
travel 100 miles or more from your home, its time to find another
policy.
Do any of the travelers here have any experience with the Travelguard
policy, not the dinky silver one, but the Gold or Platinum one,
primarily
for international coverage? The price is about the same as the American
Express on. |
| The acronym COBRA was brought about by a tax law change that required
employers with more than 25 employees to offer temporary health insurance in
the event of lay-offs and other circumstances that interrupt coverage under
employee benefit plans. It simply means that an ex-employee pays the former
employer in order to continue to stay on the companys medical insurance
plan. You must make this election within 30 days of your job termination by
delivering the appropriate payment for your insurance to the employer.
COBRA ensures that you will have access to continued coverage, but usually
at a higher price than other types of medical insurance. COBRA is meant
only as a temporary solution, not as a permanent medical plan. And,
depending on the specific insurance plan, the COBRA coverage may not be
effective if you move to another residence away from the insurance plans
coverage area. |
|
Matthew East wrote:
Hi, we shall be landing this autumn, can anyone recommend tempory medical
insurance for the first few months, also banks, car insurance etc. Matt. |
| I have just bought a motor cycle and insured it with State Farm as all
my insurance is. State Farm only offers liability, collision,
comprehensive and uninsured vehicle insurance on motor cycles here in
Florida. Progressive offers the same coverage plus medical and
guest coverage. |
