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bedazzled

(1,765 posts)
Sun Mar 22, 2020, 01:12 PM Mar 2020

What happens when you can't pay your health insurance

I work at a thrift store in Florida. They will close when we are all dead. Idiots still have to shop . One of them said to me yesterday "how come you're the only store open ?" I responded "because our bosses don't care if we get sick." Obviously I'm not going to have my job much longer. I'm interested to know what happens when all our health insurance lapses. Spare us from interesting times.

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The Velveteen Ocelot

(115,734 posts)
1. You could get COBRA coverage, though it's more expensive.
Sun Mar 22, 2020, 01:13 PM
Mar 2020

I ran into that problem a few years ago, had to buy COBRA which was way more expensive than my employer-provided insurance, but I was able to get less comprehensive coverage for a manageable premium that I could use until I was eligible for Medicare. I don't know if that will work for you but it's something to look into.

still_one

(92,219 posts)
5. Unfortunately Velveteen as you realize, COBRA is unaffordable for quite a few people. Maybe
Sun Mar 22, 2020, 01:19 PM
Mar 2020

expanding Medicaid can fill the gap...…….

Oh wait, the republicans insured that certain states would not allow Medicaid expansion

This election is so important on so many fronts



Brainfodder

(6,423 posts)
6. MORE EXPENSIVE.... LOL understated a tad.
Sun Mar 22, 2020, 01:23 PM
Mar 2020

Cobra is a sick joke, offered to you when your income drops to 0.

I remember it fondly, obviously.

The Velveteen Ocelot

(115,734 posts)
8. Yes, I noticed that too.
Sun Mar 22, 2020, 01:27 PM
Mar 2020

I had to settle for basically minimal coverage to tide me over. I hope there are other options under the ACA.

Brainfodder

(6,423 posts)
10. If you have 0 monthly income, you get sent to welfare for medicaid.
Sun Mar 22, 2020, 01:38 PM
Mar 2020

At least here in Nevada.

COBRA is really for folks who need health coverage due to something really awful and costly, usually big pharma drug costs, horrific illnesses, or special needs family member scenarios?

If you search, you can find the depressing stories, I suggest pass, we got enough horrors of own atm?



Good luck!



DrToast

(6,414 posts)
11. COBRA IS your employer provided insurance
Sun Mar 22, 2020, 01:42 PM
Mar 2020

The cost is the same. It’s just that you have to pay for all of it.

Also, you can purchase a plan through ACA.

The Velveteen Ocelot

(115,734 posts)
13. It may or may be an option, I was just tossing it out there.
Sun Mar 22, 2020, 01:44 PM
Mar 2020

I have had to use it. It might not be feasible in this case.

DrToast

(6,414 posts)
15. Yes, I was just clarifying the point that it's more expensive
Sun Mar 22, 2020, 01:46 PM
Mar 2020

It’s the same plan. It costs the same. It’s just that your employer is no longer covering any of the cost.

The Velveteen Ocelot

(115,734 posts)
16. You can get reduced coverage under the employer's plan for less,
Sun Mar 22, 2020, 01:47 PM
Mar 2020

which is what I did. But the ACA probably has better deals.

 

Hoyt

(54,770 posts)
2. My red state's insurance commissioner has told health insurers to refrain from canceling policies
Sun Mar 22, 2020, 01:17 PM
Mar 2020

due to non-payment until further notice.

Not sure how that will impact employees who lose health insurance, but you do have Cobra as poster above mentions. Also, I suspect there will be chance to enroll in ACA. And, some patients might be able to get retroactive Medicaid if they have large healthcare expenses.

Danmel

(4,916 posts)
7. New York has opened a special open enrollment period for the exchages.
Sun Mar 22, 2020, 01:26 PM
Mar 2020

exchanges. You sign up before April 15, you will have coverage on April 1.
I believe other states that operate their exchanges have also done so.
I have heard chatter that the feds are considering it. As they simultaneously work to overturn the ACA and leave tems of millions without coverage in the time of plague.

Ms. Toad

(34,075 posts)
14. If you have no income, and ACA medicaid is available in your state
Sun Mar 22, 2020, 01:45 PM
Mar 2020

leaving your job creates an open enrollment period so you can get health insurance for free through the ACA marketplace.

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