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Average Cost Of COBRA Health Insurance By State Location2022Utah$456Vermont$749Virginia$450Washington$39648 more rows
Typically, health insurance runs until the end of the month in which you quit. That means if your last day was March 3, you may have health insurance until March 31 of that same year. By law, any company with 20 or more employees must offer COBRA coverage to an employee who is leaving, no matter the reason.
Continuation of coverage is elected and premiums must be given to the employer within 30 days after receiving notice. The terminated insured continues coverage without interruption unless: The terminated insured ceases to reside in this state.
This has not yet happened, so Indiana does not have a state continuation provision.
COBRA, or Consolidated Omnibus Budget Reconciliation Act of 1985, allows workers and their families who lose their health benefits the right to continue coverage for a limited time under certain circumstances. The average monthly COBRA premium cost ranges between $417 for an individual to $1,564 for a family plan.
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Average Cost Of COBRA Health Insurance By State Location2022Utah$456Vermont$749Virginia$450Washington$39648 more rows
COBRA usually has a maximum coverage period of 18 months, and is usually more expensive than when you were working because they are no longer splitting the cost of work with your employer.
Continuation coverage allows someone who recently lost their employer-based health coverage to continue their current insurance policy as long as they pay the full monthly premiums.
Any individual who is covered under a group health plan either as the employee, the spouse of the employee, or the dependent child of the employee is eligible for the nine (9) month state continuation coverage if they have been continuously covered under the group coverage for at least three (3) consecutive months ...
If the Qualifying Event is death of the covered employee, divorce or legal separation, or loss of dependent status, COBRA coverage is available for 36 months.

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