My position was eliminated and I have 60 days (i.e. notice period) to find a new role internally. Health insurance ends on the last day of the month of the end of the notice period. Is it typical for health insurance to end that quickly? What other health insurance options should I consider as alternatives to Cobra?

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Yes. It’s normal. If you are unable to find a position, your severance package should include some additional money for Cobra coverage. Otherwise, the other option is the marketplace unless you can get onto state Medicaid.

Thank you. Are you saying the severance package would include a "stipend" for COBRA apart from the amount for salary being provided?

My insurance and that of my children was canceled the day I was let go!

I ended up w a market place option. It is not the greatest but it will suffice until I find new employment.

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Yes, but the severance will give you the option to choose Cobra coverage which lasts 18 months. You'll have to take on the monthly cost of that yourself which is quite expensive but the gHip coverage is amazing and worth the money.

Cobra enables you to keep your current healthcare plan but as flagged earlier you’ve to cover the cost yourself. If you can afford it, I believe it’s worth it.

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