Yes, leaving your job and losing eligibility for job-based health coverage will trigger a special enrollment opportunity that lasts for 60 days. You can apply for Marketplace health plans and (depending on your income) for premium tax credits and cost sharing reductions during that period. If you enroll in COBRA coverage through your former employer, however, you will need to wait to the next Marketplace Open Enrollment period if you want to switch to a Marketplace plan.
Articles in this section
- I have COBRA coverage. Can I change to a new plan?
- What Is COBRA?
- I'm Eligible for COBRA but can get a cheaper individual plan. Do I have to enroll in COBRA?
- If I'm Enrolled in COBRA, am I Eligible to Purchase an Individual Plan?
- I'm Leaving My Job and Will Be Eligible for COBRA. Can I Shop for Individual Coverage and Subsidies on the Marketplace Instead?
- I Have COBRA and Finding it Difficult to Afford, but Open Enrollment is over. Can I drop my COBRA and Apply for Individual Coverage Outside of Open Enrollment?
- I Have COBRA and It’s Too Expensive. Can I Drop it During Open Enrollment and Enroll in a Marketplace Plan Instead?
- If I Sign Up for COBRA, Can I Switch to Individual Coverage in the Marketplace? What if I Enroll in a Marketplace Plan and Want to Switch Back to COBRA?
- Who Can Take Advantage Of COBRA Benefits?