How long after your terminated are you covered with health insurance?

Typically, employer-sponsored health insurance coverage ends on the last day of the month in which an employee's employment terminates. However, there may be exceptions to this rule, depending on the specific terms and conditions of the employer's health insurance plan.

In some cases, employers may offer a grace period of up to 30 days during which former employees can continue to receive health insurance coverage. This grace period may be offered as a courtesy or may be required by law in some states.

In addition, former employees may be eligible for continued health insurance coverage under the Consolidated Omnibus Budget Reconciliation Act (COBRA). COBRA is a federal law that requires employers with 20 or more employees to offer continued health insurance coverage to former employees for a period of time after their employment ends. COBRA coverage is typically available for up to 18 months after an employee's termination, but the former employee is responsible for paying the full cost of the premiums.

Here are some general guidelines for how long you may be covered with health insurance after your termination, depending on the circumstances:

* Employer-sponsored health insurance: Coverage typically ends on the last day of the month in which your employment terminates.

* Grace period: Some employers may offer a grace period of up to 30 days during which you can continue to receive coverage.

* COBRA: You may be eligible for continued coverage under COBRA for up to 18 months after your termination, but you will be responsible for paying the full cost of the premiums.

* Individual health insurance: If you do not have access to employer-sponsored or COBRA coverage, you can purchase an individual health insurance plan through the Health Insurance Marketplace or directly from an insurance company.

It is important to contact your employer's human resources department or your health insurance provider to confirm the specific terms and conditions of your health insurance coverage after your termination.