Health Coverage After Job Loss

[Music] for many this is a challenging time thankfully there are options to gain coverage after a qualifying event such as a job loss at anthem our goal is to inform to help you prepare and plan with confidence to provide you with information that's accurate relevant and clear so that you can make the best decisions for you and your family because you have options and we can help you find them through the affordable care act or aca

individuals are able to compare and purchase health insurance on the marketplace or exchange all marketplace plans cover treatment for pre-existing medical conditions and coverage is guaranteed plus depending on your income you may qualify for federal assistance also known as a subsidy which help make your monthly premium more affordable beyond the exchange there's cobra cobra allows you to extend your previous employer's benefits for up to 36 months while this plan covers any dependents you may have it is expensive as your

employer no longer helps pay for this coverage you could also opt into a short-term plan allowing you to pick a length of coverage of one to three years while these plans typically don't offer robust coverage their premiums may be lower than other options and finally there are medicare and medicaid medicaid provides low-cost health insurance based on income and other factors such as disability it resembles a typical employer plan but is largely cost-free if you qualify

medicare is similar but applies to individuals older than 65 and isn't based on income at anthem we want to help you understand what you can do to receive the best coverage possible for more information about your options call the coverage option hotline at 1-888-832 [Music]