What To Do When Cobra Health Insurance Runs Out? 
When COBRA continuation coverage `` runs out '' individuals are able to purchase individual health insurance without waiting for the annual open enrollment period . An individual can purchase health insurance using a certified and licensed agent or go directly to the state or federal marketplace . Depending on your income level you may also qualify for a subsidy to help you pay for your health insurance . Health insurance is guaranteed issue since January 1 , 2014 so there are no longer worries about not being able to obtain health insurance coverage , 