Is Divorce A Qualifying Event For Health Insurance? 
Great answer Kevin . I would add that most States only allow 60 days to app.y for a new plan from the date your insurance ends so do n't dilly dally Also , once you choose COBRA and make your first payment you may not cancel COBRA to move onto a different plan until Open Enrollment . Example , you have paid for COBRA for 6 months and decide it 's too expensive , outside of Open Enrollment , you will not be able to use `` Loss of Job '' to purchase a different plan . You must wait till the next Open Enrollment -LRB- which is 11/15/14 for a 1-1-15 effective date for 2015 . 