Insurance Covered by HIBI

To be eligible for the HIBI Program you must have access to commercial health insurance.  Commercial health insurance includes self-funded policies, employer-sponsored insurance, and COBRA.

What is COBRA?
The right to COBRA continuation coverage was created by a federal law, the Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA). COBRA continuation coverage can become available to you when you would otherwise lose your group health coverage. If an applicant has access to COBRA, the applicant meets the insurance requirement for HIBI. If all other qualifications for participation are met, HIBI will make monthly payments for all or a portion of the cost of the COBRA plan.

What is employer-sponsored insurance (ESI)?
Employer-sponsored insurance (ESI) is health insurance that employers offer to their employees, and is typically offered as part of an employee benefits package.

What is self-funded insurance?
Self-funded insurance is private insurance that is not provided by an employer but is purchased by an individual policy holder.