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What does COBRA do?
COBRA provides certain former employees, retirees, spouses, former spouses, and dependent children the right to temporary continuation of health coverage at group rates. This coverage, however, is only available when coverage is lost due to certain specific events. Group health coverage for COBRA participants is usually more expensive than health coverage for active employees, since usually the employer pays a part of the premium for active employees while COBRA participants generally pay the entire premium themselves. It is ordinarily less expensive, though, than individual health coverage.

A leading provider of individual major medical insurance

A few quick facts about Celtic…

Financial Rating – "A-" (Excellent) by A.M. Best Company
Domicile – Illinois (headquartered in Chicago, IL)
Sales office locations – Chicago, IL and Charlotte, NC
Licenses – District of Columbia and all states except New York
NAIC Number – 000-80799
Premium – approximately $200 million annually
Total lives covered – approximately 90,000
Number of employees – approximately 300

Quality Individual Health Plans

Celtic began operating in 1978 as a broker, insurance and reinsurance company for group life and health coverage. Today, the company has narrowed its focus and holds a strong commitment to the individual health marketplace. The expansive Celtic Product Portfolio includes the CeltiCare Health Plan for individuals and families, the CelticSaver PPO Plan, the CeltiCare for Kids Health Plan, and the Celtic Short-Term Health Plan. 

Special Health Products

Celtic’s Special Health Product Division offers post-employment benefits through our Conversion Coverage program. The Transplant Program offers employers coverage for organ and tissue transplants.

Efficiency + Quality = Superior Service

Administration is handled at Celtic’s state-of-the-art facility, which is located directly across the street from its headquarters in downtown Chicago, IL. Through innovative use of technologies and automated workflow management, operations are streamlined, allowing more efficient, quality service to our agents and customers.

A Strong, Committed, Financially Stable Company

The A.M. Best Company – the leading provider of insurer ratings of a company’s strength and ability to meet its obligations to policyholders – has given Celtic an "A-" (Excellent) rating. A.M. Best assigned this rating after a thorough quantitative and qualitative evaluation of a company’s financial condition and operating performance. For more than 10 years, Celtic has earned a rating of Excellent for consistently demonstrating profitable operating results, high-quality investment portfolio and favorable capital position. Celtic holds no junk bonds, real estate or direct mortgage loans and maintains no outstanding debt.