Sam lost her job this week. She had an exit interview with Human Resources, where they told her that because she was a part-time employee, she was ineligible for COBRA benefits. They provided her with information for contacting Human Resources Administration to review her health insurance options. Sam is 25 , single and has a 5 year old child. She does not qualify for cash unemployment benefits either. Which health insurance option is available to Sam? Medicaid TRICARE private health insurance Medicare
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Sam might want to explore Medicaid as a viable health insurance option. Given her income level and responsibilities as a single parent, she may qualify for this state and federal program designed to assist individuals and families with limited income in obtaining health coverage. Each state has different eligibility criteria, so it would be wise for her to reach out to her local Medicaid office or visit their website to see what options are available to her. Another option for Sam is to look into private health insurance plans through the Health Insurance Marketplace. This platform allows individuals to shop for and compare various health insurance plans based on their needs and budget. Depending on her income and household size, she might also qualify for premium tax credits to help reduce her monthly insurance costs. Enrolling during special enrollment periods will be essential given her recent job loss!