AS MILLIONS OF PEOPLE lose their jobs because of the coronavirus pandemic, they’re also losing their health insurance – at exactly the time when they may need the coverage to help pay for care if they end up getting sick. If you lose your health insurance when you lose your job – or if you didn’t have health insurance and are rethinking that decision – you may have several options for finding coverage now. But you need to understand the rules and time frames – and some special programs will be expiring soon. Here are six health insurance options, which depend on your income, your state and whether you had coverage recently.
Continue your employer’s coverage through COBRA.
Sign up for coverage through your state’s insurance marketplace.
You may be able to get an individual policy even if you didn’t have employer coverage.
RoseCap Investment Advisors, LLC (“RoseCap”) is an SEC Registered Investment Advisor. Investments are not FDIC insured and involve the risk partial or complete loss of value. Before you invest, please consider your investment objectives and RoseCap’s fees and expenses. Past performance does not guarantee future results.
RoseCap chose to be an independent, fee-only, investment advisor because we believe this provides the best level of service for our clients. In addition to providing objective investment advice to our clients, we avoid selling high commission products such as life insurance and annuities to clients. Taking the role of a trusted advisor rather than a salesman is something that is very important to RoseCap, and should be very important to clients as well.