GAP INSURANCE
Depending on one's health status, finding private insurance to
fill the gap may provide adequate coverage without the costly price
tag of COBRA insurance and is appropriately named gap insurance.
A key decision that many California residents face each year is
whether to elect a COBRA plan after termination or gap health insurance
coverage when they lose employer benefits.
About two thirds of all
Americans are covered by employer provided
health coverage but with the recent increase in layoffs across the
country the number of workers losing health benefits is at record
highs. Workers typically have three or more options available and
the cost can vary dramatically between the various choices available.
Some may opt to take no health insurance coverage and bear the financial
risk themselves.
Now, with the help of the worldwide web, the residents
of California have access to many health
insurance companies that carry gap insurance coverage. With this
larger access come many choices. Although continuing COBRA insurance
coverage through one's employer is a good option for many, it may
not be the best choice for everyone. Depending on one's health status,
finding gap insurance may provide adequate coverage without a costly
price tag. At Insurnow we can help you choose gap insurance that
suits your needs at an affordable price.
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