I am switching jobs in the next few months and intend to take three months off to travel before I start my next job. I obviously want to continue my health coverage but COBRA is really expensive. Do I have any alternatives to COBRA?
Given that COBRA can be quite expensive depending upon the plan you chose while employed, you will need to turn to the individual medical insurance market to find a solution. There are many plans from which to choose that may best suit your current situation, i.e., needing a low cost premium but still being covered for major incidents. This would necessitate a higher deductible plan.