Insurance through work is a benefit that many workers in the United States receive as part of their compensation package. If that is you, here is what you should know. Once you are fired or quit, your life and health insurance benefits discontinue too. In order to keep those coverages, you will need to take over 100% of the costs, not including administrative management fees which easily makes it 105% of the cost. You may want to do this until you can secure alternative cover