How does a COBRA feature work on my Disability Insurance Plan?

This video discusses the ancillary feature that is available on the Ameritas disability insurance contract. It allows for a person to collect above the monthly benefits as a reimbursement to cover the costs of COBRA medical coverage. This reimbursement goes up to $1,000 a month, beginning with the first premium due after you satisfy the waiting period, also known as the elimination period.

The carrier doesn’t cover more than 100% of the COBRA premium expense.

This is an interesting feature so we wanted to share this with you!

What You Will Learn:

• What the COBRA Premium Benefit is in disability insurance

• How COBRA health insurance works after leaving employment

• Why physicians may lose employer-sponsored health insurance during a disability claim

• How certain disability insurance policies reimburse COBRA premiums

• When the COBRA Premium Benefit may become available

• Why this feature is paid in addition to your monthly disability benefit

• How built-in policy features can strengthen your overall income protection strategy

• Free physician disability insurance resources from MD Disability Quotes

Chapters:

0:00 Introduction to the COBRA Premium Benefit

0:03 How COBRA Health Insurance Works

0:22 What Happens to Health Insurance During a Disability Claim

0:44 How the COBRA Premium Benefit Reimburses Costs

1:15 Why This Built-In Benefit Adds Value

1:27 Free Physician Disability Insurance Resources