Have a Finance Question? Ask a Financial Expert Online.
Hello, I can not find any organization that will help pay your Cobra insurance. A suggestion is that first review your coverage and see if you can get a more affordable plan by dropping options such as dental or eyecare. Next if you have no children then I would see if you can drop all but yourself from the policy so that your current medical cost are covered. I can see if you could be covered by government programs but I need to know how much you are currently making and what state you live. Thanks Tom
I live in Houston, Texas and make approximately $52,000.00 a year, I receive no benefits with my job...the Cobra is through my husband's which was laid off on 9/6/11, unfortunately I cannot drop him, myself or our daughter. I was told by a friend that I could call the insurance company and that (in fine print) they can give you an indivdual policy but they will not cover very much but they covered her chemo but not doctor visits or any "out of the ordinary test or bloodwork". So it seems I am stuck and will have to sale a kidney to pay for Cobra is pretty much it. So basically, I am not rich and not poor, just out of luck...what a country...
Your income is to high to qualify for any help in your area. You can ask the hospital to forgive some of the charges because of the changes in your circumstances. The $2000 a month does seem excesssive but you might check and see if you can find a private policy to cover your daughter, by droping the family part of your policy your premiums should drop by 30 to 40%. The reason a family policy is so high is they do not know if they will be covering a family of three or a family of 12.