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Lifestyle
Covering The Bases: When company coverage ends, use COBRAPublished 07/20/08
Q: My husband has decided to retire from a company he has been with for almost 30 years. He has health insurance coverage for both of us through this company. The personnel office has informed him that after his retirement, he won't have that coverage any longer. He and I are both younger than 65. What will we do for health insurance and drug coverage for the next two years?
A: Ask your husband to check with the personnel office about his COBRA option. If the company is a large group employer with 20 or more employees, you should be offered health insurance coverage identical to that which you now...
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