We were faced with a situation like this when my husband was laid off as a result of a domino effect upon his company (a Blue Chip, at that) following 9/11/01. He was out of work for nearly two years, and I was on contract. Fortunately, I soon signed on with a consulting firm that offered health insurance, so we were able to avoid going on COBRA.
However, our younger son, although still in college, reached the age at which he would be automatically dropped from our coverage. We had been searching for private insurance to fill the gap for him, since he was not working full-time. Our life insurance agent told us about Alliance, a membership-based organization that offers a combination of discounts on services and health insurance plans.
We had both our son and daughter put on the program and it worked out pretty well. Cost wise, it was about the same as our company coverage would have been. They were able to use their plan with our regular doctors and kept it until they both had full-time jobs and company coverage.
Alliance may not be available in all states. But, if it's a viable option, it might be worth looking into.
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We were faced with a situation like this when my husband was laid off as a result of a domino effect upon his company (a Blue Chip, at that) following 9/11/01. He was out of work for nearly two years, and I was on contract. Fortunately, I soon signed on with a consulting firm that offered health insurance, so we were able to avoid going on COBRA.
However, our younger son, although still in college, reached the age at which he would be automatically dropped from our coverage. We had been searching for private insurance to fill the gap for him, since he was not working full-time. Our life insurance agent told us about Alliance, a membership-based organization that offers a combination of discounts on services and health insurance plans.
We had both our son and daughter put on the program and it worked out pretty well. Cost wise, it was about the same as our company coverage would have been. They were able to use their plan with our regular doctors and kept it until they both had full-time jobs and company coverage.
Alliance may not be available in all states. But, if it's a viable option, it might be worth looking into.
June 26, 2008 - 7:44pmThis Comment
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