Need advice on health insurance

[Frasier Balzov]

6. COBRA is my choice for you in this situation.

(That is, IF your employer is required to offer COBRA continuation to you because they have 20 or more employees.)

Because of the time gap you want to bridge until Medicare.

Because it doesn't require medical underwriting, and will be a smooth continuation of your existing coverage.

Because of the difficulty of disproving your future income if you attempt to enroll in an ACA plan and the ACA robot consults its trusted databases to verify your eligibility for subsidized coverage.

Private insurers have been whipsawed by the back-and-forth ideologies of the changing politics, and right now are effectively prohibited from writing new short term policies exceeding three months in duration.

COBRA should carry you eighteen months, which is more than enough time to get you covered by Medicare.

Finally, my universal advice is to enroll in traditional Medicare Parts A & B with a supplemental policy rather than that Medicare Advantage Part C scheme which is so aggressively marketed.

Yes COBRA is expensive, but you live in a problematic country where the best interests of someone in your situation have not been adequately protected.

The alternative is to go without coverage and to risk catastrophic medical debt.