Understand COBRA

COBRA insurance is often very very expensive because you’re getting your existing coverage, which is likely not going to be cheap, without the subsidies provided by your (potentially former) company. So, before you opt into COBRA, which is the easiest thing to do, you should consider researching how much short term medical insurance would actually be for someone with your medical characteristics.

Now, if your current medical condition is not ideal (perhaps because you have pre-existing conditions), COBRA may be your best option. However, if you are in excellent health, it pays to consider alternatives because they can be far cheaper because they may be catering to consumers on a budget. Since you do have quite a bit of time before you elect COBRA, it pays to just send out a lot of requests and see what the ballpark is for insuring you.

eHealthInsurance is one of many reputable medical insurance quoting sites and they offer both Individual & Family Health Insurance and Short-Term Health Insurance. When my fiancée left her job, this was the first site she visited to research her health insurance options.

Good luck!