Can you keep health insurance after being fired?

In most cases, employees can keep their employer-sponsored health insurance for a limited time after being fired. This is called COBRA (Consolidated Omnibus Budget Reconciliation Act) coverage. COBRA requires employers to offer employees and their families the option to continue their health insurance for up to 18 months after they lose their job. However, employees are responsible for paying the full cost of the premium, which can be expensive. There are some exceptions to the COBRA rules. For example, employees who are fired for gross misconduct are not eligible for COBRA coverage. Additionally, employees who work for companies with fewer than 20 employees are not covered by COBRA. If you are fired from your job, it is important to contact your employer's human resources department to find out if you are eligible for COBRA coverage.

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