Do I have a right to continue my health insurance after I am terminated from my job?Return to FAQ Videos
Whether you have a right to continuation of coverage under a law called Cobra depends on what company you work for and how many employees they have. If your company has more than 50 employees, the answer is yes, you’re entitled to continue your healthcare coverage at your own expense. You have to pay an additional 2% processing fee, so whatever it costs your employer to offer you that health insurance, you pay that if you work for a larger employer. If your employer is small, you may not have that obligation. In fact, it’s up to you to find out. What I would recommend in any situation where you’ve lost your job and you’re concerned about your health insurance, don’t wait for your employer to answer the question. Reach out directly to your healthcare company and find out whether you have an entitlement under Cobra or not.