|
Insurance is very expensive and more so the closer to 65 we get. I have shopped for private insurance, investigated COBRA and Hippa regulations. You have insurance now. Do not let it lapse while you shop.
I woud encourage you to shop for private but at 64 don't get your hopes up. You are likely eligible for COBRA for 18 months coverage that will get you to age 65 and Medicare. Check with your personnel dept if COBRA applies to your employer. It does not apply for small business.
I am in Tennessee. Our state has a law that requires a carrier to offer you coverage when say your cobra expires, but you have to prove you were rejected for private policy. THere is no limit in the law as to what they can charge you. The going rate is around $1,000 per person per month. My point is, insurance is expensive. Your cost doesn't sound so high to me.
Remember, don't let your current coverage lapse before you have new coverage in effect.
Hope your luck is better than mine has been.
|