Yes! You can deny your COBRA coverage and apply for an ACA health plan right on Stride!
- If you recently lost employer coverage, you were likely offered a COBRA option which extends your existing coverage without financial support from your employer.
- If you choose to go with the COBRA, you'll be able to keep your current plan, but you'll be left paying the bill yourself. COBRA coverage is often very expensive and doesn't give you another plan option.
Fortunately you have the option to deny your COBRA and apply for an ACA marketplace plan.
- You'll have the opportunity to search through all available qualified plans in your area and open the possibility of receiving help for paying for coverage through advanced premium tax credit subsidies!
This is where Stride comes in.
- We help you find the ACA plan that you need without having to go through the government website. And we can help you understand your options and make sure you're getting the most savings possible.
It should be noted, if you already elected to receive COBRA coverage, you'll have to wait until the next open enrollment period in November 2020 before you'll be able to apply for an ACA plan on Stride.
Also, you'll have 60 days before or after losing your coverage to choose an ACA plan on Stride. The qualifying event window for special enrollment is limited, so don't hesitate to reach out to us. We're happy to help!