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What Is COBRA?

By Jeremy Bowman – Updated Nov 18, 2024 at 9:48AM

Key Points

  • COBRA allows you to keep employer health insurance after leaving your job, but you pay full premiums.
  • COBRA coverage can extend up to 18 months, with length varying by specific qualifying reasons.
  • Alternatives to COBRA include spouse's insurance, Medicare, or cheaper federal/state marketplace plans.
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