Lost Your Job in Florida? Here Are Your Health Insurance Options

Your Coverage Options After a Job Loss

Losing employer-sponsored health coverage is stressful, but Florida residents typically have more options than they realize. Losing a job qualifies you for a Special Enrollment Period, giving you 60 days to enroll in an ACA Marketplace plan without waiting for Open Enrollment. You may also be offered COBRA continuation coverage through your former employer, which keeps your exact same plan active but often at a much higher monthly cost since you're now paying the full premium yourself.

COBRA vs. Marketplace: Which Costs Less?

While COBRA feels familiar because your doctors and coverage stay the same, it's frequently more expensive than a comparable ACA Marketplace plan, especially once premium tax credits are factored in based on your now-lower household income. Comparing both options side by side, rather than defaulting to whichever paperwork arrives first, is the only way to know which route actually saves you money during a financially stressful transition.

I'm an independent licensed Florida health insurance broker, and I help people who've lost employer coverage compare COBRA against ACA Marketplace plans from multiple companies at no cost to you. I assist individuals and families throughout Lakeland, Polk County, and Central Florida during this transition every year. Don't let your 60-day window pass, call, text, or request a free consultation today to find affordable coverage fast.