Question: Cheap Health Insurance? Advise?
Laid – off, and our group(family) Health Insurance will expire in a month. There is an option to elct COBRA but I don’t know how it works.

I applied for MEDICAL(County) for the four of us(two children) but we received a notice of denial because we have more than $ 3K in savings.
I know that it will just get drained in a snap as we have $ 1.7K in credit balance and will pay rent, car payment, bills etc.
As of now no money is getting in, and double time applying for a job

So, what are cheaper health insurances? or what other options I have?
If I will avail for COBRA how much discount or what will I pay for example our group cost $ 800??

Thanks.
(cheap family health insurance)

Best answer:

Answer by sbinlb
Within 10 days of losing the health insurance coverage, you will get the COBRA information. COBRA is the exact same insurance you have now except that the cost is different. Instead of the employee paying part and the employer part, the employee is responsible for 100% of the cost (officially). However, since you were laid off before 12/31/09, there is a current Federal law that the government will pay 65% of the COBRA cost. This is part of the stimulus package. I think the discounted rate lasts for 9 months (i’m not 100% sure of the timeline).