Can you have both Medicaid and COBRA?
Asked by: Dr. Carey Emard V | Last update: April 12, 2025Score: 4.1/5 (16 votes)
Can you have Medicaid and Cobra insurance at the same time?
For many people, COBRA, the insurance you can buy into when you lose your job, is too expensive. And even if you decide to enroll in COBRA, it doesn't mean you can't apply for Medicaid. You can apply for and enroll in Medicaid any time.
Is it illegal to have Medicaid and employer insurance?
The simple answer to the question of “can you have both Medicaid and private insurance?” is a resounding “YES”!
What disqualifies you from COBRA?
Why would an employee not qualify to enroll in Cal-COBRA? The employee is enrolled in or eligible for Medicare. The employee does not enroll within 60 days of receiving the notice of eligibility from the employer. The employee is covered by another health plan.
Can I have Medicare and COBRA at the same time?
If you sign up for COBRA and you are eligible for Medicare at the same time, your COBRA benefits are intended to be paid after Medicare pays, even if you haven't actually signed up for Medicare. And when you do sign up for Medicare later you could be subject to premium penalties for late enrollment.
Can You Have Two Health Insurances With Medicaid? - InsuranceGuide360.com
What is the COBRA loophole?
If you decide to enroll in COBRA health insurance, your coverage will be retroactive, meaning it will apply to any medical bills incurred during the 60-day decision period. This loophole can save you money by avoiding premium payments unless you actually need care during this time.
Which is better, COBRA or Medicare?
After Medicare pays, COBRA may cover some or all of what Medicare does not pay. Whether you should take COBRA depends on the type of coverage you want and can afford. Your COBRA coverage may include extra benefits that are not covered by Medicare, like coverage for routine dental care or eyeglasses.
How much is cobra insurance for a single person?
The average monthly cost of COBRA Insurance premiums ranges from $400 to $700 per individual.
Can COBRA be a secondary insurance?
If you have Medicare before becoming eligible for COBRA, you can: Receive primary coverage from Medicare and secondary benefits from COBRA.
How to keep Medicaid while working?
WHAT WILL HAPPEN TO MY MEDICAID IF I GO TO WORK? In most cases, if you are blind or have a qualifying disability, regardless of age, and you have Medicaid before you go to work, your Medicaid will continue while you are working as long as your disabling condition still exists.
Can you have Medicaid and other insurance at the same time?
It is possible for Medicaid beneficiaries to have one or more additional sources of coverage for health care services.
Can you have Medicaid and be employed?
A large majority of adult Medicaid beneficiaries who can work already do. Before the COVID-19 pandemic, 62 percent of adult Medicaid beneficiaries who were not enrolled in Medicare and did not meet Social Security disability criteria were either working or in school.
What are the rules for COBRA coverage?
- Your group health plan must be covered by COBRA.
- A qualifying event must occur.
- You must be a qualified beneficiary for that event.
What happens if you make too much money while on Medicaid?
If you're over the Medicaid income limit, some states let you spend down extra income or place it in a trust to help you qualify for Medicaid. If you receive long-term care but your spouse doesn't, Medicaid will allow your spouse to keep enough income to avoid living in poverty.
Is COBRA 18 months or 36 months?
In that case, COBRA lasts for eighteen months. If the qualifying event is the death of the covered employee, divorce or legal separation of the covered employee from the covered employee's spouse, or the covered employee becoming entitled to Medicare, COBRA for the spouse or dependent child lasts for 36 months.
Can you have Medicaid and COBRA at the same time?
Can I choose option that is best for me? Yes, eligibility for COBRA does not affect your eligibility for Medicaid or vice versa.
What are the disadvantages of COBRA coverage?
- COBRA can be expensive, especially compared to the premiums you were paying before your qualifying event. ...
- COBRA does not apply to all employer-sponsored health plans—in particular, those organizations with fewer than 20 employees may have no requirements. ...
- Even if you get an extension, COBRA is only temporary.
Which is cheaper, COBRA or Obamacare?
Typically ACA insurance is more affordable than COBRA insurance because you can be eligible for federal ACA subsidies, depending on your income.
What is the average monthly cost of COBRA health insurance?
COBRA coverage is not cheap.
A COBRA premium can cost on average $400 to $700 a month per person.
Does Medicare or Medicaid have better coverage?
While Medicare is the primary payer for medical needs, Medicaid can cover costs that Medicare coverage does not. When you visit a provider that takes both Medicare and Medicaid, Medicare pays first for the cost of your care. Medicaid pays second, covering copays and other costs not covered.
Who pays for COBRA after termination?
COBRA and Cal-COBRA
COBRA allows former employees, retirees, and their dependents to temporarily keep their health coverage. If you get COBRA, you must pay for the entire premium, including any portion that your employer may have paid in the past.
Can I be denied COBRA benefits?
Under COBRA, a person who has been terminated for gross misconduct may be denied COBRA. Gross misconduct is not specifically defined by COBRA, but when based on an employer's practice or policy it could include misrepresentation during the hiring process or falsifying information on a Form I-9.
Does insurance end the day you quit?
When you leave or are let go from a job, your health insurance either expires on your last day of work or at the end of the month of your exit, says Andy Gillin, attorney and managing partner at GJEL Accident Attorneys. For example, if you quit on July 15th, your coverage usually continues until July 31st.
What is the 105 day COBRA loophole?
So, if you maxed out the 60 day election period plus the 45 day payment period, you could actually go 105 days without paying for the coverage.