Ask Terry Questions Insurance — COBRA or short-term?

Insurance — COBRA or short-term?

By Terry Savage on August 27, 2018 | Insurance & Annuities

I was laid off , 63, paying for Cobra
almost 700.00 a month. i have tricare
as a secondary carrier , have 2 more
years before medicare kick in .should
i go the short term insurance or stick with the cobra

Terry Says

The only way you can figure this out is to compare prices — and consider the likelihood that a major illness will happen in the period before Medicare takes over. So first, when does your COBRA run out? If you can afford to keep it, it likely is better insurance than short-term policies will be. Also, it is taking a bit of time for those short-term policies to be extended to almost one year. So my advice is to wait until your COBRA runs out — and then check out short term policies at or



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