Losing a job is stressful. Aside from income insecurity, you have health and dental insurance benefits to worry about. Here are three coverage options to consider during your employment transition:
1. Use Employer-Sponsored Benefits Before They Expire
Learn when your benefits terminate, as you may be covered until the end of the month in which you leave. Every week of extra coverage matters, so make a dentist appointment while you’re still covered. Click here to find a dentist near you.
2. Look into Dental Coverage Options Through COBRA
The Consolidated Omnibus Budget Reconciliation Act (COBRA) requires employers with 20 or more employees to offer continuation of your current insurance plans for up to 18 months after termination. COBRA will cover all health plans— including vision and dental—you had elected with your previous employer. The downside to COBRA? Former employees are responsible for the total premium (both the employee and employer portion), which can be costly.
3. Consider an Individual Dental Coverage Plan
You may be surprised at what you’re able to afford when seeking out your own plan. Delta Dental of Colorado offers more than one individual plan, so you can find the best coverage for your needs. Our quality, cost-effective choices are designed for you, your family, and your well-being. Click here to learn more about our individual plans. We also offer individual plans on Connect for Health Colorado, the state’s health insurance marketplace.
For more on utilizing your benefits, check out:
*Updated November 2020