What Happens if an Employer Terminates Health Insurance Without Notice?
If your employer cancels your health insurance without your knowledge, then donāt panic. There are several options open for you such as COBRA, benefits from your spouse's insurance plan, low-cost insurance from the market place and government health insurance
Letās check out the answers to some similar frequently asked questions.
Am I eligible for COBRA if my employer stops offering health insurance?
No. COBRA lets you keep your companyās health insurance plan when you lose your job. So, when your company cancels your health insurance, there is no company-sponsored health plan you can continue with. In such cases, COBRA is not applicable.
In such instances, you can find a new health insurance policy. You can get one through the Marketplace available under the Affordable Care Act.
If I lose my job, will COBRA keep me insured?
Yes. You can keep the current health plan provided by your employer in case you are laid off under COBRA. Usually, you will have coverage for a maximum of 18 months.
Remember, buying health insurance through COBRA can be quite expensive. As long as you are working, your employer is most likely paying the premium.
Once you are out of work, you will need to pay the entire premium yourself. You will also end up paying administrative fees on top of the premium. `
If I lose my employerās insurance, can I get benefits under my spouseās insurance plan?
You might be able to get benefits under your spouseās insurance plan if their employer sponsors the health insurance policy.
Employers allow policyholders to add a spouse or a child to a group health insurance package. This can be done during the first few weeks of the open enrolment period.
However, there are exceptions to this. For instance, when the family changes or a spouse loses health insurance, insurance benefits might be rescinded.
It is highly suggested to check with the HR department at your spouseās workplace.
If I lose my job or my employer cancels my insurance, can I buy health insurance coverage from the Marketplace?
Most likely, you can. The Marketplace is a convenient way to buy insurance online.
If you have lost your job or your employer cancels your insurance, you qualify for a special enrolment period. You may also qualify for a subsidy to help you buy insurance according to your income.
You can enroll and shop at www.healthcare.gov if you need help. You can also call the toll-free number to get your queries resolved. To find the closest location, visit www.localhelp.healthcare.gov.
Are there any government health insurance plans I may be eligible for?

Employer Canceled My Health Insurance without My Knowledge ā Are there any government health insurance plans I may be eligible for
Yes, there are several government insurance plans you may qualify for if you lose your job or your employer cancels your insurance.
Some of the options you have are:
#1. Medicaid ā If you have a low income, are pregnant or disabled, then you can buy insurance through Medicaid.
To find out more, visit the insurance coverage finder at healthcare.gov. Also, you can choose to visit the Medicaid website directly at www.mediciad.gov.
#2. CHIP ā CHIP is short for the Childrenās Health Insurance Program and is created for eligible kids whose parentsā income qualifies them.
This means that if a family cannot afford private health insurance but make enough to be ineligible for Medicaid. Find out if you are eligible for this, as the rules depend on the specific state you reside in.
#3. Medicare ā If you are over 65 years old, or are disabled, then you become eligible for Medicare coverage. This is a federal-sponsored health insurance program for seniors and people with disabilities.
Conclusion
If your employer cancels your health insurance or loses it because of being laid off, then there are several different options.
You can either choose to get on your spouseās employer-sponsored insurance or buy affordable policies from the Marketplace.
See Also
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Weight Loss Surgery Cost Without Insurance
Reference links
https://work.chron.com/can-employer-force-group-health-insurance-3458.html
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