DFW Direct InsuranceDFW Direct InsuranceDFW Direct Insurance
(817) 449-5557
4 Victory Lane Double Oak, TX 75077

Unfortunately, you were laid off from work and have been paying COBRA health insurance premiums for months. It’s cutting into your savings just to keep up with the outrageous premiums. 

COBRA (Consolidated Omnibus Reconciliation Act) is known by most as a continuation of benefits. Under this 1985 law, covered employees and their dependents who lose health insurance because of one of a series of qualifying events are entitled to purchase continuation of that coverage. COBRA however, is typically very expensive. 

You may not realize it, but this coverage could be costing 102% of the active employee premium (both employer and employee portions) for the coverage you elect. 

You also may not realize that you can drop COBRA coverage at any time. And when you are in the market for new health insurance, schedule an appointment with an agent at DFW Direct Insurance. We have access to plans with monthly premiums that are up to 50% less than the cost of COBRA health insurance. 

What do you do when COBRA runs out? It’s best to look into other options before then. If you don’t, you may have a gap in coverage. If you are going to replace your COBRA coverage with a new plan keep your COBRA in effect until your new plan starts. 

Also, keep in mind that if you apply for coverage between the 1st and 15th of a month, your coverage will be effective on the 1st of the very next month. If you enroll between the 16th and last day of the month, your coverage will begin on the 1st of the second next month. (For example if you enroll between January 1 and 15, coverage begins February 1; if you enroll between January 16 and 31, coverage begins March 1). 

So if you’re tired of paying high monthly premiums on COBRA health insurance, call anytime at 817-449-5557 for a fast, free rate quote. Or get a quote in less than two minutes on the website at www.dfwdirectinsurance.com.

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