{"id":24116,"date":"2026-04-20T02:55:22","date_gmt":"2026-04-20T02:55:22","guid":{"rendered":"https:\/\/breatheasyloans.com\/?p=24116"},"modified":"2026-04-20T02:55:23","modified_gmt":"2026-04-20T02:55:23","slug":"what-is-cobra-insurance-ramsey","status":"publish","type":"post","link":"https:\/\/breatheasyloans.com\/?p=24116","title":{"rendered":"What Is COBRA Insurance? &#8211; Ramsey"},"content":{"rendered":"<div id=\"\">\n<div class=\"rds-RichText_1 \">\n<p>Losing your job or getting your hours cut at work can feel like a punch to the gut\u2014followed by a million panicky thoughts about what you\u2019ll do now. And especially what you\u2019ll do without your health insurance benefit!<\/p>\n<p>It\u2019s okay. Plenty of people go through this and you\u2019ll be just fine.<\/p>\n<p>You probably received a letter from your employer letting you know that you qualify for COBRA insurance. If you did, these questions may have popped into your head:\u00a0<em>What is COBRA insurance? Do I need this?<\/em><\/p>\n<p>While there are probably a lot of urgent voices in your head fighting for attention, don\u2019t let your health insurance needs get lost in the noise. A medical emergency can happen at any time, so you have to get this stuff figured out now. And we\u2019re here to help.<\/p>\n<p>Before you decide if COBRA insurance is right for you and your family, there are some things you need to know.<\/p>\n<p>\u00a0<\/p>\n<\/p><\/div>\n<div class=\"rds-RichText_1 \">\n<h2>Understanding COBRA Insurance<\/h2>\n<p>If you\u2019ve lost your job-based health insurance, you have two options: replacing it with another plan (either in the marketplace or through a new employer) or signing up for COBRA health insurance. And, no, COBRA insurance has nothing to do with snakes, in case your brain was taking you in that direction.<\/p>\n<p>COBRA health insurance, which came from the Consolidated Omnibus Budget Reconciliation Act, lets you temporarily keep (usually for up to 18 months) the same employer-based health plan you had at your old job. Most employers with group health plans offer this option to employees.<\/p>\n<p>The basic idea behind COBRA is to help you and your family avoid a gap in health coverage. And trust us, you\u00a0<em>do not<\/em>\u00a0want to have a gap in coverage!<\/p>\n<p>\u00a0<\/p>\n<\/p><\/div>\n<div class=\"rds-RichText_1 \">\n<h2>How Much Does COBRA Insurance Cost?<\/h2>\n<p>It\u2019s easy to forget how much your job-based health insurance really costs, especially since your employer helped foot some of the bill. All of that changes when you leave, go part-time, or get the boot. And if there\u2019s one place you feel COBRA\u2019s bite, it\u2019s in your wallet!<\/p>\n<p>Your monthly COBRA premiums (or payments) will equal the total cost of the premium under your employer-sponsored health insurance, plus a 2% administration charge. If you\u2019ve had insurance through your employer for a while, the price to continue that coverage on your own is going to sting.<\/p>\n<p>In 2023, the average annual premium cost for employer-sponsored health insurance was $8,435 for individual coverage and $23,968 for family coverage. But employers covered $7,034 of the individuals\u2019 premium and $17,393 for families, on average.<sup><sup>[1]<\/sup><\/sup><\/p>\n<p>With COBRA insurance, you\u2019re on the hook for the whole thing. That means you could be paying average monthly premiums of $703 to continue your individual coverage or $1,997 for family coverage\u2014maybe more!<\/p>\n<table>\n<tbody>\n<tr>\n<td>\n<p><strong>Annual I<\/strong><strong>nsurance Premiums Comparison<\/strong><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\u00a0<\/td>\n<td>\n<p><strong>Employer-sponsored<\/strong><\/p>\n<\/td>\n<td>\n<p><strong>COBRA<\/strong><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p><strong>Individual<\/strong><\/p>\n<\/td>\n<td>\n<p>$1,401<\/p>\n<\/td>\n<td>\n<p>$8,435<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p><strong>Family<\/strong><\/p>\n<\/td>\n<td>\n<p>$6,575<\/p>\n<\/td>\n<td>\n<p>$23,968<sup><sup>[2]<\/sup><\/sup><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>We know those numbers sound steep (and they are). But there\u2019s something else even more expensive: having to foot the bill for a medical event without any kind of insurance. Trust us, taking the temporary hit from COBRA premiums is <em>way<\/em> better than facing potential medical bankruptcy. It\u2019s by far the lesser of two evils.<\/p>\n<p>\u00a0<\/p>\n<\/p><\/div>\n<div class=\"rds-RichText_1 \">\n<h2>Who Is Eligible for COBRA Insurance?<\/h2>\n<p>To be eligible for COBRA, you had to have been signed up for an employer-sponsored health plan (obviously). But there are other factors that play into your eligibility.<\/p>\n<p><strong>Qualifying Life Events<\/strong><\/p>\n<p>If your life has undergone one of these big changes, you qualify for COBRA continuation coverage.<\/p>\n<ul>\n<li>Job loss<\/li>\n<li>Job transition<\/li>\n<li>Reduction of work hours<\/li>\n<li>Divorce<\/li>\n<li>Death<\/li>\n<\/ul>\n<p>A couple exceptions: if you previously\u00a0<em>opted out<\/em>\u00a0of employer-based coverage, or if you were fired for committing a crime (health insurance is the\u00a0<em>least<\/em>\u00a0of your problems if that\u2019s the case). Folks in these situations can\u2019t enroll in COBRA.<\/p>\n<p>If you have a spouse or children covered under your old job\u2019s plan, they\u2019ll also be eligible for COBRA if:<\/p>\n<ul>\n<li><strong>You pass away.<\/strong>\u00a0Even though you obviously won\u2019t need health insurance anymore, your family can still stay covered under COBRA.<\/li>\n<\/ul>\n<ul>\n<li><strong>You get divorced.<\/strong>\u00a0If you and your spouse split up and they\u2019re on your health plan, they can keep that same coverage with COBRA.<\/li>\n<li><strong>You move to Medicare.<\/strong>\u00a0When you make the switch to Medicare, your family can extend their coverage under COBRA.<\/li>\n<\/ul>\n<ul>\n<li><strong>Your kid grows up.<\/strong>\u00a0Once your kid turns 26, they\u2019re on their own\u2014at least when it comes to health insurance! But while they hunt for their own insurance plan, COBRA can prevent a gap in coverage, if it comes to that.<\/li>\n<\/ul>\n<p><strong>Employer Size<\/strong><\/p>\n<p>Whether you work for a big law firm in New York or a small public school in Nebraska, most employers who offer health care benefits are required to offer COBRA insurance to employees after they leave.<\/p>\n<p>There are some exceptions, though. Employers with less than 20 employees don\u2019t necessarily have to offer COBRA\u2014the rule for small firms varies by state through what are known as mini-COBRA plans.<sup><sup>[1]<\/sup><\/sup>\u00a0And if your employer is going out of business or ends its health insurance for everyone in the company, then continuation coverage can\u2019t be offered.<\/p>\n<p>\u00a0<\/p>\n<\/p><\/div>\n<div class=\"rds-RichText_1 \">\n<h2>How Long Does COBRA Insurance Last?<\/h2>\n<p>If you like your job-based health plan, you can keep it\u2014for a little while at least.<\/p>\n<p>Again, continuation coverage under COBRA is designed to be a temporary extension of the health insurance you had at your old job\u2014the key word here is\u00a0<em>temporary<\/em>. In most cases, COBRA coverage lasts 18 months from the time you choose to sign up for it.<\/p>\n<p>Under special circumstances, you might be able to extend COBRA coverage to 29 or 36 months for you and your dependents.<\/p>\n<p>But beware: If you\u2019re late on that first payment, you\u2019ll lose your right to COBRA coverage, and you won\u2019t be able to get it back. The due date for your first payment is defined as 45 days after you elect coverage. If you\u2019re late on a monthly payment after that, your coverage will be canceled that day. However, if you make your payment within the 30-day grace period, your COBRA coverage can be reinstated.<\/p>\n<p>\u00a0<\/p>\n<\/p><\/div>\n<div class=\"rds-RichText_1 \">\n<h2>When Is the Deadline to Sign Up for COBRA Insurance?<\/h2>\n<p>When big life changes happen, there\u2019s usually a lot going on. So if you don\u2019t sign up for COBRA the hour after you lose your employer-sponsored coverage, it\u2019s okay. You\u2019ve got 60 days to enroll in COBRA once your benefits end. COBRA will cover you from the day your old coverage ended.<\/p>\n<p>\u00a0<\/p>\n<\/p><\/div>\n<div class=\"rds-RichText_1 \">\n<h2>How to Get COBRA Insurance<\/h2>\n<p>Okay, so it\u2019s happened. You\u2019re losing your employer-sponsored coverage. Here\u2019s how it\u2019s going to go:<\/p>\n<p>You or your employer will tell your health plan carrier what\u2019s happening.<\/p>\n<p>The plan will send you an election notice that you\u2019ll need to respond to within 60 days. If you want to use COBRA coverage, you need to tell them you elect to do that.<\/p>\n<p>If you choose COBRA, your (previous) employer may pay for some or all of your premiums. If they\u2019re not paying for all of it though, your first payment is due 45 days after you elect to get COBRA coverage.<\/p>\n<p>\u00a0<\/p>\n<\/p><\/div>\n<div class=\"rds-RichText_1 \">\n<h2>Is COBRA Health Insurance Right for You?<\/h2>\n<p>Whether you\u2019re trying to choose between health insurance plans or what to eat for dinner tonight, it\u2019s always good to have plenty of options. And like we said earlier, you\u00a0<em>do<\/em>\u00a0have other options besides COBRA.<\/p>\n<p>If you\u2019re still on the hunt for a new job, decide to go into business for yourself, or need insurance to bridge the gap until your health care benefits at your new job kick in, you\u2019ll probably discover that buying health insurance from the marketplace is less expensive than COBRA.<\/p>\n<p>So, how do you decide which health plan is best for you? Here are some things to think about:<\/p>\n<h3>1. Know your medical needs.<\/h3>\n<p>Everyone is different. Your (and your family\u2019s) medical needs probably won\u2019t be the same as the Joneses next door, so it\u2019s important to know what you want and find a health insurance plan that makes sense for you.<\/p>\n<p>For example, if you have any prescriptions, you should check whether they\u2019ll be covered under COBRA or a marketplace insurance plan. Take a look at the overall coverage and provider network as well.<\/p>\n<h3>2. Understand the differences between plans.<\/h3>\n<p>Things can get confusing while you try to figure out all the health insurance plans out there. You need to understand what you\u2019re getting and the differences as you look at each option.<\/p>\n<p>For example, your doctor might have been in-network through the preferred provider organization (PPO) plan you had at work, but they might <em>not<\/em> be in the health maintenance organization (HMO) plan network you\u2019re looking at from the marketplace. That means it\u2019s going to cost you more to see your doctor if you go with the HMO. In that case, you need to do some soul-searching and ask yourself how much you really like your doctor!<\/p>\n<p>These are the kind of details you should think about as you decide whether to choose COBRA.\u00a0Different plans have different coverage options, so make sure you know what you\u2019re signing up for!<\/p>\n<h3>3. Weigh the costs.<\/h3>\n<p>COBRA insurance is often more expensive than marketplace insurance, partly because there isn\u2019t any financial assistance from the government available to help you pay those COBRA premiums.<\/p>\n<p>If you choose a plan from the marketplace, you can check with an\u00a0independent agent\u00a0who can help you shop around for different health plans to see if you qualify for a premium tax credit. If you qualify for the tax credit, it can help lower your monthly payments.<sup><sup>[1]<\/sup><\/sup>\u00a0And who doesn\u2019t want lower payments?<\/p>\n<p>If it works with your health care needs, pairing a\u00a0health savings account (HSA)\u00a0with a high-deductible health plan (HDHP) can be a great way to\u00a0save money on health insurance costs because they have lower average premiums than other types of health plans. And if you already have an HSA when you lose your job? Good news! The money in an HSA\u00a0<em>is<\/em>\u00a0eligible for covering COBRA premiums.<sup><sup>[2]<\/sup><\/sup>\u00a0Make sure you look at all the options for your situation.<\/p>\n<p>\u00a0<\/p>\n<\/p><\/div>\n<div class=\"rds-RichText_1 \">\n<h2>COBRA Insurance Alternatives<\/h2>\n<p>COBRA insurance might be your best option\u2014but it might not, because it\u2019s not the only health plan out there when you find yourself in this situation.<\/p>\n<p>Some of your other options are:<\/p>\n<ul>\n<li>Medicaid (if you qualify)<\/li>\n<li>Medicare<strong> <\/strong>(if you qualify)<\/li>\n<li>Sign up with your spouse\u2019s employer-sponsored health plan (even if they didn\u2019t sign up before, your job loss triggers a special enrollment period for them, and you can both sign up!)<\/li>\n<li>Marketplace health insurance\n<\/li>\n<li>Health share plan<\/li>\n<li>Children\u2019s Health Insurance Program (CHIP) (this is for kids in low-and moderate-income families\u2014but you still need to get health insurance for yourself!)<\/li>\n<\/ul>\n<p>Like we mentioned earlier, COBRA insurance can be quite expensive so it\u2019s worth looking into all your options. If COBRA isn\u2019t working out or you just want to see what else is out there, a health insurance pro can be super helpful!<\/p>\n<p>Partnering with an independent insurance agent can give you more choices to consider. You can also get help reviewing and comparing all your options, including COBRA, so you can make a confident decision about your health insurance.<\/p>\n<p>Our friends at\u00a0Health Trust Financial\u00a0make it easy to find quality health insurance professionals who serve your area.\u00a0If you\u2019re leaving an employer and your health insurance needs are changing, we recommend connecting with them so one of their independent agents can evaluate your needs and make sure you\u2019re covered for the next chapter of life.<\/p>\n<p>\u00a0<\/p>\n<\/p><\/div>\n<div class=\"rs-ArticleEmailForm rs-ArticleEmailForm--card\">\n<h4 class=\"u-typesetHeadingMedium u-spacingStack1\">Interested in learning more about health insurance?<\/h4>\n<p class=\"u-typesetBodyMediumShort u-spacingStack3\">Sign up to receive helpful guidance and tools.<\/p>\n<\/p><\/div>\n<dl class=\"rs-FaqWrapper u-spacingStack6\">\n<div class=\"rs-Faq\">\n<dt class=\"rs-Faq-questionWrapper\" data-expandable=\"\" aria-expanded=\"false\" aria-controls=\"50335607-d338-444f-be0f-8a42a4da24e6-068728f8-cf05-41f4-8464-56236f8711c7-1\">\n<h3 class=\"rds-Heading_1 rds-Heading--brand_1 rds-Heading--small_1 rs-Faq-question Expander-title\">\n                What is a mini-COBRA insurance plan?<\/p>\n<\/h3>\n<\/dt>\n<dd class=\"rs-Faq-answerWrapper\">\n<div id=\"50335607-d338-444f-be0f-8a42a4da24e6-068728f8-cf05-41f4-8464-56236f8711c7-1\" class=\"rds-RichText_1 desc rs-Faq-answer\">\n<p>Mini-COBRA refers to any state laws that require employers of less than 20 people to extend COBRA-style coverage to their employees. These are often called <em>state continuation laws<\/em>, and they attempt to fill the continuing coverage gap for people who work for small businesses. COBRA is a federal law and only applies to employers of 20 or more people.<\/p>\n<\/p><\/div>\n<\/dd><\/div>\n<div class=\"rs-Faq\">\n<dt class=\"rs-Faq-questionWrapper\" data-expandable=\"\" aria-expanded=\"false\" aria-controls=\"50335607-d338-444f-be0f-8a42a4da24e6-6f14dd39-22cc-441f-b1c8-2f9c6f4b3d15-2\">\n<h3 class=\"rds-Heading_1 rds-Heading--brand_1 rds-Heading--small_1 rs-Faq-question Expander-title\">\n                Why is COBRA so expensive?<\/p>\n<\/h3>\n<\/dt>\n<dd class=\"rs-Faq-answerWrapper\">\n<div id=\"50335607-d338-444f-be0f-8a42a4da24e6-6f14dd39-22cc-441f-b1c8-2f9c6f4b3d15-2\" class=\"rds-RichText_1 desc rs-Faq-answer\">\n<p>COBRA is expensive because health care is expensive. When you were working and had an employer-sponsored health plan, your employer paid most of your premium. In 2023, employers paid an average of $7,034 every year for a single employee\u2019s coverage while that employee only paid $1,401.<sup><u><sup>[1]<\/sup><\/u><\/sup> If your employer isn\u2019t chipping in for your COBRA coverage, you have to pay the whole thing.<\/p>\n<\/p><\/div>\n<\/dd><\/div>\n<div class=\"rs-Faq\">\n<dt class=\"rs-Faq-questionWrapper\" data-expandable=\"\" aria-expanded=\"false\" aria-controls=\"50335607-d338-444f-be0f-8a42a4da24e6-7612db05-2667-49fd-8dea-bb5f8a503417-3\">\n<h3 class=\"rds-Heading_1 rds-Heading--brand_1 rds-Heading--small_1 rs-Faq-question Expander-title\">\n                Can you get COBRA if you quit your job?<\/p>\n<\/h3>\n<\/dt>\n<dd class=\"rs-Faq-answerWrapper\">\n<div id=\"50335607-d338-444f-be0f-8a42a4da24e6-7612db05-2667-49fd-8dea-bb5f8a503417-3\" class=\"rds-RichText_1 desc rs-Faq-answer\">\n<p>Yes, if you worked for a company with 20 or more employees, COBRA is available to you.<\/p>\n<\/p><\/div>\n<\/dd><\/div>\n<div class=\"rs-Faq\">\n<dt class=\"rs-Faq-questionWrapper\" data-expandable=\"\" aria-expanded=\"false\" aria-controls=\"50335607-d338-444f-be0f-8a42a4da24e6-98e129b3-2a7f-492e-92a9-627643fb6bc2-4\">\n<h3 class=\"rds-Heading_1 rds-Heading--brand_1 rds-Heading--small_1 rs-Faq-question Expander-title\">\n                Can you cancel COBRA insurance if you get another coverage?<\/p>\n<\/h3>\n<\/dt>\n<dd class=\"rs-Faq-answerWrapper\">\n<div id=\"50335607-d338-444f-be0f-8a42a4da24e6-98e129b3-2a7f-492e-92a9-627643fb6bc2-4\" class=\"rds-RichText_1 desc rs-Faq-answer\">\n<p>Yes, you can cancel COBRA coverage. COBRA is only meant to be a stopgap program until you find permanent coverage.<\/p>\n<\/p><\/div>\n<\/dd><\/div>\n<div class=\"rs-Faq\">\n<dt class=\"rs-Faq-questionWrapper\" data-expandable=\"\" aria-expanded=\"false\" aria-controls=\"50335607-d338-444f-be0f-8a42a4da24e6-2476434f-bfc8-4ebe-a02c-d5a3d7c31f90-5\">\n<h3 class=\"rds-Heading_1 rds-Heading--brand_1 rds-Heading--small_1 rs-Faq-question Expander-title\">\n                Is COBRA coverage retroactive?<\/p>\n<\/h3>\n<\/dt>\n<dd class=\"rs-Faq-answerWrapper\">\n<div id=\"50335607-d338-444f-be0f-8a42a4da24e6-2476434f-bfc8-4ebe-a02c-d5a3d7c31f90-5\" class=\"rds-RichText_1 desc rs-Faq-answer\">\n<p>Yes. You have 60 days to sign up for COBRA from the day your employment ends. No matter when you sign up in those 60 days, you\u2019re covered for any incidents that happen during this period.<\/p>\n<\/p><\/div>\n<\/dd><\/div>\n<\/dl>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.ramseysolutions.com\/insurance\/what-is-cobra-insurance\" target=\"_blank\" rel=\"noopener\" rel=\"nofollow\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Losing your job or getting your hours cut at work can feel like a punch to the gut\u2014followed by a million panicky thoughts about what you\u2019ll do now. And especially what you\u2019ll do without your health insurance benefit! It\u2019s okay. Plenty of people go through this and you\u2019ll be just fine. You probably received a<\/p>\n","protected":false},"author":1,"featured_media":24117,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[55],"tags":[],"class_list":{"0":"post-24116","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-news"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What Is COBRA Insurance? - Ramsey | Breathe Easy Loans<\/title>\n<meta name=\"description\" content=\"Losing your job or getting your hours cut at work can feel like a punch to the gut\u2014followed by a million panicky thoughts about what you\u2019ll do now. And\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/breatheasyloans.com\/?p=24116\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What Is COBRA Insurance? - Ramsey | Breathe Easy Loans\" \/>\n<meta property=\"og:description\" content=\"Losing your job or getting your hours cut at work can feel like a punch to the gut\u2014followed by a million panicky thoughts about what you\u2019ll do now. And\" \/>\n<meta property=\"og:url\" content=\"https:\/\/breatheasyloans.com\/?p=24116\" \/>\n<meta property=\"og:site_name\" content=\"Breathe Easy Loans\" \/>\n<meta property=\"article:published_time\" content=\"2026-04-20T02:55:22+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-04-20T02:55:23+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/breatheasyloans.com\/wp-content\/uploads\/2026\/04\/what-is-cobra-insurance.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"News Room\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"News Room\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"11 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/breatheasyloans.com\/?p=24116#article\",\"isPartOf\":{\"@id\":\"https:\/\/breatheasyloans.com\/?p=24116\"},\"author\":{\"name\":\"News Room\",\"@id\":\"https:\/\/breatheasyloans.com\/#\/schema\/person\/f70cc3b54c7881e5005af67cdd31fee5\"},\"headline\":\"What Is COBRA Insurance? &#8211; Ramsey\",\"datePublished\":\"2026-04-20T02:55:22+00:00\",\"dateModified\":\"2026-04-20T02:55:23+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/breatheasyloans.com\/?p=24116\"},\"wordCount\":2207,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/breatheasyloans.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/breatheasyloans.com\/?p=24116#primaryimage\"},\"thumbnailUrl\":\"https:\/\/breatheasyloans.com\/wp-content\/uploads\/2026\/04\/what-is-cobra-insurance.jpg\",\"articleSection\":[\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/breatheasyloans.com\/?p=24116#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/breatheasyloans.com\/?p=24116\",\"url\":\"https:\/\/breatheasyloans.com\/?p=24116\",\"name\":\"What Is COBRA Insurance? - Ramsey | Breathe Easy Loans\",\"isPartOf\":{\"@id\":\"https:\/\/breatheasyloans.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/breatheasyloans.com\/?p=24116#primaryimage\"},\"image\":{\"@id\":\"https:\/\/breatheasyloans.com\/?p=24116#primaryimage\"},\"thumbnailUrl\":\"https:\/\/breatheasyloans.com\/wp-content\/uploads\/2026\/04\/what-is-cobra-insurance.jpg\",\"datePublished\":\"2026-04-20T02:55:22+00:00\",\"dateModified\":\"2026-04-20T02:55:23+00:00\",\"description\":\"Losing your job or getting your hours cut at work can feel like a punch to the gut\u2014followed by a million panicky thoughts about what you\u2019ll do now. And\",\"breadcrumb\":{\"@id\":\"https:\/\/breatheasyloans.com\/?p=24116#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/breatheasyloans.com\/?p=24116\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/breatheasyloans.com\/?p=24116#primaryimage\",\"url\":\"https:\/\/breatheasyloans.com\/wp-content\/uploads\/2026\/04\/what-is-cobra-insurance.jpg\",\"contentUrl\":\"https:\/\/breatheasyloans.com\/wp-content\/uploads\/2026\/04\/what-is-cobra-insurance.jpg\",\"width\":1200,\"height\":630},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/breatheasyloans.com\/?p=24116#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/breatheasyloans.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"What Is COBRA Insurance? &#8211; Ramsey\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/breatheasyloans.com\/#website\",\"url\":\"https:\/\/breatheasyloans.com\/\",\"name\":\"Breathe Easy Loans\",\"description\":\"Latest Personal Finance News and Updates\",\"publisher\":{\"@id\":\"https:\/\/breatheasyloans.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/breatheasyloans.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/breatheasyloans.com\/#organization\",\"name\":\"Breathe Easy Loans\",\"url\":\"https:\/\/breatheasyloans.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/breatheasyloans.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/breatheasyloans.com\/wp-content\/uploads\/2024\/03\/d-icon.png\",\"contentUrl\":\"https:\/\/breatheasyloans.com\/wp-content\/uploads\/2024\/03\/d-icon.png\",\"width\":512,\"height\":512,\"caption\":\"Breathe Easy Loans\"},\"image\":{\"@id\":\"https:\/\/breatheasyloans.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/breatheasyloans.com\/#\/schema\/person\/f70cc3b54c7881e5005af67cdd31fee5\",\"name\":\"News Room\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/breatheasyloans.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/6f41829bb6b37d87edbb9c9bc7f9194136c2bf9bc85b87a4699ebe73a9273e96?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/6f41829bb6b37d87edbb9c9bc7f9194136c2bf9bc85b87a4699ebe73a9273e96?s=96&d=mm&r=g\",\"caption\":\"News Room\"},\"sameAs\":[\"https:\/\/breatheasyloans.com\"],\"url\":\"https:\/\/breatheasyloans.com\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"What Is COBRA Insurance? - Ramsey | Breathe Easy Loans","description":"Losing your job or getting your hours cut at work can feel like a punch to the gut\u2014followed by a million panicky thoughts about what you\u2019ll do now. And","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/breatheasyloans.com\/?p=24116","og_locale":"en_US","og_type":"article","og_title":"What Is COBRA Insurance? - Ramsey | Breathe Easy Loans","og_description":"Losing your job or getting your hours cut at work can feel like a punch to the gut\u2014followed by a million panicky thoughts about what you\u2019ll do now. And","og_url":"https:\/\/breatheasyloans.com\/?p=24116","og_site_name":"Breathe Easy Loans","article_published_time":"2026-04-20T02:55:22+00:00","article_modified_time":"2026-04-20T02:55:23+00:00","og_image":[{"width":1200,"height":630,"url":"https:\/\/breatheasyloans.com\/wp-content\/uploads\/2026\/04\/what-is-cobra-insurance.jpg","type":"image\/jpeg"}],"author":"News Room","twitter_card":"summary_large_image","twitter_misc":{"Written by":"News Room","Est. reading time":"11 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/breatheasyloans.com\/?p=24116#article","isPartOf":{"@id":"https:\/\/breatheasyloans.com\/?p=24116"},"author":{"name":"News Room","@id":"https:\/\/breatheasyloans.com\/#\/schema\/person\/f70cc3b54c7881e5005af67cdd31fee5"},"headline":"What Is COBRA Insurance? &#8211; Ramsey","datePublished":"2026-04-20T02:55:22+00:00","dateModified":"2026-04-20T02:55:23+00:00","mainEntityOfPage":{"@id":"https:\/\/breatheasyloans.com\/?p=24116"},"wordCount":2207,"commentCount":0,"publisher":{"@id":"https:\/\/breatheasyloans.com\/#organization"},"image":{"@id":"https:\/\/breatheasyloans.com\/?p=24116#primaryimage"},"thumbnailUrl":"https:\/\/breatheasyloans.com\/wp-content\/uploads\/2026\/04\/what-is-cobra-insurance.jpg","articleSection":["News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/breatheasyloans.com\/?p=24116#respond"]}]},{"@type":"WebPage","@id":"https:\/\/breatheasyloans.com\/?p=24116","url":"https:\/\/breatheasyloans.com\/?p=24116","name":"What Is COBRA Insurance? - Ramsey | Breathe Easy Loans","isPartOf":{"@id":"https:\/\/breatheasyloans.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/breatheasyloans.com\/?p=24116#primaryimage"},"image":{"@id":"https:\/\/breatheasyloans.com\/?p=24116#primaryimage"},"thumbnailUrl":"https:\/\/breatheasyloans.com\/wp-content\/uploads\/2026\/04\/what-is-cobra-insurance.jpg","datePublished":"2026-04-20T02:55:22+00:00","dateModified":"2026-04-20T02:55:23+00:00","description":"Losing your job or getting your hours cut at work can feel like a punch to the gut\u2014followed by a million panicky thoughts about what you\u2019ll do now. And","breadcrumb":{"@id":"https:\/\/breatheasyloans.com\/?p=24116#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/breatheasyloans.com\/?p=24116"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/breatheasyloans.com\/?p=24116#primaryimage","url":"https:\/\/breatheasyloans.com\/wp-content\/uploads\/2026\/04\/what-is-cobra-insurance.jpg","contentUrl":"https:\/\/breatheasyloans.com\/wp-content\/uploads\/2026\/04\/what-is-cobra-insurance.jpg","width":1200,"height":630},{"@type":"BreadcrumbList","@id":"https:\/\/breatheasyloans.com\/?p=24116#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/breatheasyloans.com\/"},{"@type":"ListItem","position":2,"name":"What Is COBRA Insurance? &#8211; Ramsey"}]},{"@type":"WebSite","@id":"https:\/\/breatheasyloans.com\/#website","url":"https:\/\/breatheasyloans.com\/","name":"Breathe Easy Loans","description":"Latest Personal Finance News and Updates","publisher":{"@id":"https:\/\/breatheasyloans.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/breatheasyloans.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/breatheasyloans.com\/#organization","name":"Breathe Easy Loans","url":"https:\/\/breatheasyloans.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/breatheasyloans.com\/#\/schema\/logo\/image\/","url":"https:\/\/breatheasyloans.com\/wp-content\/uploads\/2024\/03\/d-icon.png","contentUrl":"https:\/\/breatheasyloans.com\/wp-content\/uploads\/2024\/03\/d-icon.png","width":512,"height":512,"caption":"Breathe Easy Loans"},"image":{"@id":"https:\/\/breatheasyloans.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/breatheasyloans.com\/#\/schema\/person\/f70cc3b54c7881e5005af67cdd31fee5","name":"News Room","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/breatheasyloans.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/6f41829bb6b37d87edbb9c9bc7f9194136c2bf9bc85b87a4699ebe73a9273e96?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/6f41829bb6b37d87edbb9c9bc7f9194136c2bf9bc85b87a4699ebe73a9273e96?s=96&d=mm&r=g","caption":"News Room"},"sameAs":["https:\/\/breatheasyloans.com"],"url":"https:\/\/breatheasyloans.com\/?author=1"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/breatheasyloans.com\/index.php?rest_route=\/wp\/v2\/posts\/24116","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/breatheasyloans.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/breatheasyloans.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/breatheasyloans.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/breatheasyloans.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=24116"}],"version-history":[{"count":1,"href":"https:\/\/breatheasyloans.com\/index.php?rest_route=\/wp\/v2\/posts\/24116\/revisions"}],"predecessor-version":[{"id":24118,"href":"https:\/\/breatheasyloans.com\/index.php?rest_route=\/wp\/v2\/posts\/24116\/revisions\/24118"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/breatheasyloans.com\/index.php?rest_route=\/wp\/v2\/media\/24117"}],"wp:attachment":[{"href":"https:\/\/breatheasyloans.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=24116"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/breatheasyloans.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=24116"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/breatheasyloans.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=24116"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}