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Recent layoffs have left many scrambling for health insurance, but COBRA isn’t the only option. Here’s what to know before making a costly decision.
Losing your job—whether due to a layoff, move, or other reason—comes with plenty of challenges, and health insurance is a big one. Many assume COBRA is their only option, but it’s often more expensive and complicated than expected. COBRA lets you temporarily keep your employer’s health coverage but at full cost. Before committing, it’s crucial to understand the price, process…
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