newlifemom Posted December 16, 2008 Share Posted December 16, 2008 My dh is up for a job, Yeah! Here's the ? though, we are eligible for medical insurance through his last job lets him be insured (not cobra) thru March. Our premium must be rcvd by Dec. 31st. If he got the job, it would start Jan 11th and immediately rcve benes including medical that we do not have to pay for. So we are waiting to pay the premium, but would you not pay it and go 11 days without insurance or pay the premium ($603) and be doubly covered? Decisions, decisions. Of course it is all moot if he doesn't get the job. Please pray. We need him to get a job. Quote Link to comment Share on other sites More sharing options...
Renee in NC Posted December 16, 2008 Share Posted December 16, 2008 If I had the $603, I would choose to be covered. Can you not cancel and get some of your premium back? Quote Link to comment Share on other sites More sharing options...
SonshineLearner Posted December 16, 2008 Share Posted December 16, 2008 I'd pay....Can you imagine one hospital bill? But then, I'm paranoid! Carrie:-) Quote Link to comment Share on other sites More sharing options...
LMA Posted December 16, 2008 Share Posted December 16, 2008 Your COBRA benefit is retroactive to the date you lost your benefits. If something happens, you can pay the premium and get the coverage you need. However, doublecheck that you can do this with the HR of the original company. I'm pretty sure this is part of your Cobra rights.We have done this with Cobra previously and we planned to only pay the premium if something was needed. Quote Link to comment Share on other sites More sharing options...
newlifemom Posted December 16, 2008 Author Share Posted December 16, 2008 Your COBRA benefit is retroactive to the date you lost your benefits. If something happens, you can pay the premium and get the coverage you need. However, doublecheck that you can do this with the HR of the original company. I'm pretty sure this is part of your Cobra rights.We have done this with Cobra previously and we planned to only pay the premium if something was needed. The thing is the insurance is from a union. He has been out of work for 1 1/2 yrs. His benes have lasted all this time. They stop in March 2009. I don't know if he would even qualify for COBRA. We haven't used it up til now. Dh is going to call his union rep and ask if he can pay for a shorter period, say the month of Jan, but I'm pretty sure the answer will be no. Either he pays for the quarter or he doesn't have any benes. FWIW, we are leaning towards paying, even though the 600 could really be used elsewhere. I too get paranoid. One trip to the ER could break us. KWIM? Quote Link to comment Share on other sites More sharing options...
Cindyg Posted December 16, 2008 Share Posted December 16, 2008 If I had the $600, I would pay it. If he gets the job, then be grateful that you don't have to pay it again. If he doesn't get the job, then be grateful that you paid it and have insurance. I feel for you though. That kind of inefficiency, which comes from living on earth, drives me absolutely batty! Quote Link to comment Share on other sites More sharing options...
snickelfritz Posted December 16, 2008 Share Posted December 16, 2008 There is such a thing as short-term medical insurance that is just for situations like this. I would call around to some insurance offices and ask them. At the very least, you could get a major medical policy. Something that has a high deductible, but would cover you in the event of a major medical emergency. Quote Link to comment Share on other sites More sharing options...
SonshineLearner Posted December 17, 2008 Share Posted December 17, 2008 Hey There, If you were double covered, would that pay for itself when you think of meds and visits and such. For us, I bet it would be pretty close. Also, for short term...it was pretty expensive for a month! We had to do it twice and it was spendy. AND, double pays quickly with the kids...The oldest three are double covered..... If it's dental too, it's a great time to start anything needed like braces:-) Carrie:-) (Who wishes our 5th grader hadn't used all her ortho benefits ...for life!) Quote Link to comment Share on other sites More sharing options...
Melissa in FL Posted December 17, 2008 Share Posted December 17, 2008 I would pay it. My dd had to go to the ER shortly after dh started his last job. She had fallen down and was looked at for a concussion. My new issurance had to have proof that she had been covered by insurance over the last year before they would pay for any of the ER bills. Granted, I could probably have fought it and won, but I just showed them the insurance we had had during the last year (which was the same provider). Melissa Quote Link to comment Share on other sites More sharing options...
The Governess Posted December 17, 2008 Share Posted December 17, 2008 I would pay it. But I'm not comfortable being uninsured for any period of time, even 11 days. And who knows, it may take a while to get his benefits paperwork through HR, etc. and it could end up being longer than that. Quote Link to comment Share on other sites More sharing options...
newlifemom Posted December 17, 2008 Author Share Posted December 17, 2008 When will you know if he gets the job? Maybe next week. They are looking for a Jan 11th start date. Feel free to pray. Quote Link to comment Share on other sites More sharing options...
melissel Posted December 17, 2008 Share Posted December 17, 2008 I would pay it. My dd had to go to the ER shortly after dh started his last job. She had fallen down and was looked at for a concussion. My new issurance had to have proof that she had been covered by insurance over the last year before they would pay for any of the ER bills. Granted, I could probably have fought it and won, but I just showed them the insurance we had had during the last year (which was the same provider).Melissa THIS is what I would worry about. That continuous coverage vs. preexisting condition thing can be devastating. I'd pay and be safe. Quote Link to comment Share on other sites More sharing options...
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