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 The
cost to continue your group health benefits
after a job loss, layoff or a reduction in hours
can be costly?
The national average cost of employer-provided
family coverage under COBRA, plus a 2% administrative
fee is $7,194 per year or $600 per month.1
If you're among the 81 percent of people who
are eligible for COBRA, but elect not to take
it due to the cost2, don't risk going
without health insurance - get Short Term
Medical from TermHouse & Assurant Health and Time Insurance
Company.
WHAT IS SHORT TERM MEDICAL?
Short Term Medical is temporary health insurance
for 30 to 180 days that can protect you and
your family from an unexpected illness or injury
for as much as half the cost of COBRA.3
Coverage can be paid in a single payment or
monthly installments and can be obtained as
early as the next day.
THE CONSOLODATED OMNIBUS BUDGET RECONCILIATAION
(COBRA) Act of 1986
Click
Here to read the entire COBRA Act of 1986
By going without health insurance, you
not only put you and your family's health at
risk, you also put your finance future on the
line.
Look at just how costly an unexpected
illness or injury can be:
| Broken
Leg |
$11,040.00 |
| Pneumonia |
$14,339.43 |
| Kidney
Stones |
$25,793.31 |
| Lung Cancer |
$247,484.17 |
| Heart
Attack, Renal & Respiratory Failure
|
$240,669.76 |
Dollar amounts listed are based
on actual Assurant Health and Time Insurance Paid claims.
YOUR HEALTH CONTINUATION RIGHTS
Under a federal law called COBRA, employers
with twenty or more employees are required to
offer a continuation of group health insurance
benefits to employees (and their covered dependents)
when they expedience a "qualifying event."
Qualifying events include termination of employment,
reduction of work hours, death of the employee,
divorce (or legal separation in some states).
Medicare entitlement, and/or a change in dependent
status.
If you are among the many who find COBRA
too costly and are generally in good health,
check out Short Term Medical from TermHouse
and Assurant Health and Time Insurance Company. Your free, no-obligation
quote is just a click away!
1. Report issued
by Families USA, a consumer health organization
2. Based on a 2000 employee benefit
study conducted by Charles N. Spencer and Associates.
3. Based on 2001 Assurant Health COBRA costs.
Short Term Medical is intended to cover you
in the event of an unexpected illness or injury
and does not cover preexisting medical conditions.
See the policy for a complete listing of benefits,
limitations and exclusions.
Assurant Health is the brand name used for products underwritten and issued by Time Insurance Company, John Alden Life Insurance Company and Union Security Insurance Company. California license numbers: 08109 (Time Insurance Company), 08107 (Union Security Insurance Company) and 3894 (John Alden Life Insurance Company).
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