When an employee
leaves his/her group plan, they are shocked to see
the sticker price of their Oregon Health Insurance program.
COBRA insurance maintains your workplace premiums, which are
usually higher than a comparable individual or family plan.
Your SmartHealth agent can happily find you a quality,
affordable program on the Individual Health Insurance Market. You
can save as much as 60% of your monthly premium!
We will shop the Oregon Health Insurance marketplace for you to ensure
a positive experience in your transition from COBRA Insurance.
SmartHealth is a Portland, Oregon company. We understand COBRA
Health Insurance in Oregon.
Cobra Health Insurance
Omnibus Budget Reconciliation Act) is the landmark
health insurance benefit provision passed by Congress in 1986.
The law amends the Employee Retirement Income Security
Act, the Internal Revenue Code and the Public Health
Service Act to provide continuation of group health insurance
coverage that otherwise might be terminated.
What does COBRA Health Insurance do?
COBRA Insurance provides certain former employees, retirees,
spouses, former spouses, and dependent children
the right to temporary continuation of health insurance coverage
at group rates. This coverage, however, is only
available when coverage is lost due to certain specific
events. Group health insurance coverage for COBRA participants
is usually more expensive than health coverage for
active employees, since usually the employer pays
a part of the premium for active employees while
COBRA participants generally pay the entire premium