today lets talk about COBRA coverage. COBRA is a continuation of benefits that occurs when you leave a job with a company or get laid off. This is assuming the company you worked for offerred group health insurance benefits and you participated in the plan. COBRA is a very expensive way to go. Here is an example: Jim Bob has been working for a large medical supplies distributor for a few years. He has a wife and 2 children. Jim pays $300 a month for a very good medical plan offered by the company, his family enjoys low co-pays, low deductibles, and all around excellent medical care. One day, Jim goes into work and is told he is getting laid off due to the bad economy. He is told that he can get COBRA and keep his family insured on the same plan......at a price of $1200 a month. Wait a minute!! No one told Jim that the entire time he has working for the medical supplies company they were contributing to the monthly cost of his health insurance. Now that Jim is no longer with the company, guess what, no more contribution from the company to the cost of his plan. Jim was getting $1200 a month worth of medical insurance while only paying $300 a month, his company was picking up the rest of the tab. Now Jim is forced to pay the $1200 a month COBRA premium if he wants to keep his plan. Jim is out of work and has no money.........Jim has a problem. Luckily, there is another way to go. As long as everyone is Jim's family is reasonable healthy, they will qualify for a plan on the open market. This will give them comparable benefits and save them hundreds of dollars on a monthly basis.
If you are on COBRA and can qualify for an individual health insurance plan you are paying more than you have to.

I represent all of the major health insurance companies in Florida.

My name is Ryan White, i am an independent insurance professional in the state of florida. I've been selling individual health insurance for the past 3 years.