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Cobra Alternatives in Louisiana

COBRA heath insurance is coverage for employees and their families, who are not covered under the federal law. Benefits are extended to those who lose a job or whose working hours are reduced. However; for some people, COBRA is not the best option and they should be aware of the various alternatives to this health plan. In Louisiana, less expensive alternative coverage may be available and should be considered.

  1. Individual Health Insurance

    • Individual health insurance is often considered the best alternative to COBRA. You are able to choose the coverage options, deductibles and co-payment as per your individual requirement. The monthly premiums are less expensive and it is one of the most comprehensive health plans available. You cab also customize your plans as per your specific needs and budget.

    VIPER Health Insurance

    • Some individuals who are dependent on their employers to subsidize their insurance premiums may find that COBRA is an option they cannot afford. A affordable alternative to COBRA is VIPER Health Insurance, which has affordable and temporary health plans specially designed for individuals and families who work both in the public and private sector. With VIPER, you can design your own health plan as per your individual needs and that of your family. In addition, you can choose flexible monthly payment plans, and decide when the coverage starts and ends.

    Private and Short Term Insurance

    • Private family health insurance is ideal for families who are nearing the end of their COBRA coverage. This alternative has less expensive monthly premiums, has customizable coverage, and reduces costs. Short term health insurance is one of the least expensive health insurance plans available, and usually provides 6 to12 months of coverage. It is an ideal choice for people in-between jobs, who are unemployed for a short period of time, or who work a temporary job. You do not need a medical exam, in most cases.

    Catastrophic Health Insurance and High Insurance Health Deductibles

    • Catastrophic health insurance covers major medical emergencies and things like surgical costs, hospital stay and X-rays. It is quite inexpensive compared to other plans, and you are protected in case of an emergency. High insurance health deductibles are plans with high deductible; these range between $1,000 and $5,000, as of 2011, and the coverage functions only after the deductible is reached.

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