The COVID-19 pandemic means it’s more important than ever to have health coverage. Due to recently-passed legislation, testing for the virus is now free for all Americans, with or without insurance.
But there are still many questions left unanswered.
Does my health insurance cover COVID-19 treatment?
Yes, if you are hospitalized and have health coverage your typical sickness benefits will kick in. However, it's important to make sure you:
Have health insurance
Don't have gaps in coverage
It's important not to put yourself in financial risk because of a brief lapse in coverage. You could face an enormous bill if you have any sort of injury or illness, COVID-19 aside.
Unemployed from COVID-19
Did you lose coverage from your employer due to the coronavirus? This is considered a qualifying life-event to shop for health plans. You have 30 to 60 days to sign up after a qualifying life event before your open enrollment period ends.
What is COBRA coverage?
COBRA allows you to continue the same health insurance coverage you had under your employer, but you will be responsible for the costs your employer used to cover. This could make the plan extremely expensive. The COBRA coverage can last for up to 18 to 36 months.
That is not your only option, so don't be startled by the high numbers you might find online.
If you have more questions, I strongly encourage you to reach out. Trust me, there are no dumb questions in the world of health insurance. That's why it's important to consult an expert before going forward with a plan.
Click here to set an appointment and go over your concerns as you explore new options for health insurance.