“I was promised lifetime insurance by my employer (USA Today). In May, my employer farmed out billing to Aetna and refused to take my check,” said Cothlin Garison, California. “Aetna had no record of me. The only informed person I talked to said that Aetna only did my employer's COBRA account.”
Many Americans must navigate COBRA benefit rules and regulations following job losses or retirement. COBRA benefits allow former employer-based group health insurance coverage to be retained for several months following job separation. But the benefits are expensive as the employer no longer pays any portion of the premium, and it can also be very difficult to keep coverage in force, as Colane soon found out.
As luck would have it she fell ill during that period, with no health cover there were no options to her since she was a lone child and she had to resort to selling part of her structural settlements payment to pay for medical expenses that had piled on her. Thanks to the quick processing from the company she was able to pay the bills and with the remaining money pay the pending mortgage of her home.
No comments:
Post a Comment