More Questions Regarding COBRA Individual Health Insurance in Nevada

What Will COBRA Cover?

• Your covered health benefits under COBRA will be the same as those you had before you qualified for COBRA. For example, if you had coverage for medical, hospitalization, dental, vision, and prescription drug benefits before COBRA, you can continue coverage for all of these benefits under COBRA. If these benefits were covered under more than one plan (for example, a separate health insurance and dental insurance plan) you can choose to continue coverage under any or all of the plans. Life insurance is not covered by COBRA.
• If your employer changes the health benefits package after your qualifying event, you must be offered coverage identical to that available to other active employees who are covered under the plan.

What About Coverage For My Pre-Existing Condition?

• Because your group coverage is continuing, you will not be faced with a new pre-existing condition exclusion period under COBRA. However, if you were in the middle of a pre-existing condition exclusion period when your qualifying event occurred, you will have to finish it.

What Can I Be Charged For COBRA Coverage?

• You must pay the entire premium (employer and employee share, plus a 2% administrative fee) for COBRA continuation coverage.
• If you elect the 11-month disability extension, the premium will increase to 150% of the total cost of coverage. See below for more information about the disability extension.
• If you are eligible for the Health Coverage Tax Credit (HCTC), the federal government will pay 65% of your COBRA premium.