Yes, people in federal marketplace states can take that step, health experts say. Under COBRA, people can be required to pay the full amount of the premium plus a 2% administrative fee. Marketplace coverage is almost certainly cheaper.
Normally, if people have COBRA coverage and they drop it midyear, they can't sign up for a marketplace plan until the annual fall open enrollment period. But this special enrollment period will give people that option. (Special Enrollment: February 15-May 15 2021)
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