Posts Tagged ‘New Job’

COBRA Health Insurance for one week?

Wednesday, August 26th, 2009
catastrophic insurance
jasonthejedi asked:


I’m quitting my job on October 24th (with a large employer) and am starting a job on the 27th. I won’t have insurance with the new job until November 1. This means my insurance will end at midnight on the 24th with Company A and begin at midnight on the 1st with Company B. That’s one whole week for those who can’t do math. However, I’m an extremely low risk person. Is it possible to get COBRA retroactively if something were to happen that one week? I ask because I don’t want to pay COBRA for one month, but I’d be more than willing to pay the price if something catastrophic (God forbid) were to happen that week.
I’m pretty sure termination of employment is covered by COBRA. I gave my two weeks. I’m not getting fired on the 24th.
Thanks for all the input so far! And yes about the midnight thing. I checked with HR and they told me it would end at midnight on my last day of employment. It’s pretty sad that they would do that even though I am leaving on good terms and have been with them for 6 years. However, it just adds one more reason as to why I don’t want to work for them anymore.

MA low cost self employed medical insurance