Cinergy Health is an alternative health care coverage provider. Its CEO, Daniel Touizer believes it is crucial that people know the options they have for coverage when they suddenly find themselves unemployed.

It is important to be aware of the time constraints involved in maintaining health coverage upon termination of employment, whether voluntarily or otherwise.

There is only a 60 day time frame to implement COBRA coverage, the plan which you are entitled to if you worked for a company of more than 20 employees which allows you to remain part of the group coverage plan but whose premiums you will be up to 102% responsible for.

Don’t wait to begin looking for individual insurance coverage. The choices and various types of coverage available can be complicated, and you should avoid having to make any last minute, rash, or uninformed decisions.

If you are being dropped from your health insurance plan, there are only 63 days to get into a new plan without a waiting period due to any pre-existing conditions.

Carefully consider all the health plan options. Think about what your health care needs are, and try and match your coverage to these needs. One option is to pay less for the premiums but have a very high deductible, such as $5,000. In this way you will have coverage for the most expensive, catastrophic care, but will have to pay out-of-pocket for the routine care such as doctor’s visits or other predictable services. Another option is to get coverage for a limited time, such as 6 or 12 months. These term plans are much more affordable than major medical plans.