Friday, May 27, 2011

Can I keep COBRA coverage and use my employer's insurance as well?

I left my job a few months ago and I accepted the dental coverage offered from COBRA because I have braces. I'm now starting a new job soon and I would like to know if I can accept the dental coverage at my new job and keep COBRA...
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Yes, but: 1. You will have to pay full price for COBRA. You will no longer qualify for the 65% federal subsidy. 2. If you have coverage from two places, you do not get to pick which coverage pays for something. Only one does, and there are complicated rules that decide which one, so it is usually better to have only one.
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