Monday, January 4, 2010

Insurance Issues with Job Loss

One of the biggest worries when you lose a job is that you are also losing your health insurance. What should you do if you suddenly find yourself without health coverage? Cinergy Health President and Chief Marketing Officer, Steve Trattner, offers these specific suggestions.

First, consider your short term needs. Short Term Medical plans are available which last for 6-12 months and cost less than major medical plans do. If you think you’ll need a short term solution between jobs, this might be a good option for you. You might also want to research into low-cost limited medical plans. These are plans which provide coverage for your immediate needs like routine doctor visits and short-term hospital says. They do so with no deductible