This depends on a few different factors, but most importantly, your current health status. Also, the state in which you reside will have an influence on the options available to you. Some states have regulations that require group health insurers to offer a conversion option to any person leaving the group health plan. A conversion option is where the insurance company takes your group coverage and converts it to an individual health plan. However, the individual policy they offer may not be identical to your current coverage. There may be a reduction in benefits. Since conversion plans are guaranteed issue, they are usually much more epensive than a standard issue individual health plan that requires a medical review. In fact, conversion plans are usually more epensive than your COBRA option, so they are rarely eercised. In your situation, the first thing you need to determine is your eligibility for a standard issue individual health plan. If you are in good health, obtaining a separate policy may be your most logical option. May we ask a couple of questions that will help us better advise you? 1) In which state do you reside? 2) Do you have any pre-eisting medical conditions, smoking or overweight? 3) Does your employer have a COBRA option? If so, approimately how many employees work for the company? 4) Do you intend on eventually working for another company that will offer health care benefits? If so, approimately how soon?