I just got laid off and have a history of cancer. My insurance broker recommended getting individual coverage vs COBRA because of the pre-existing condition. Is this good advice?

It is possible that your insurance broker's recommendation to get individual coverage instead of COBRA due to a pre-existing condition is a good option, but it ultimately depends on your specific situation and the available options in your state. COBRA (Consolidated Omnibus Budget Reconciliation Act) is a federal law that allows employees who lose their jobs to continue their group health insurance coverage for a limited period of time. The benefit of COBRA is that it allows you to keep the same coverage you had when you were employed, which may include coverage for pre-existing conditions. However, COBRA coverage can be expensive because you will have to pay the full premium cost, which was previously partially subsidized by your employer. In addition, COBRA coverage is only available for a limited period of time (usually 18 months), so it may not be a long-term solution. Individual health insurance coverage is another option that may be less expensive than COBRA, especially if you qualify for subsidies under the Affordable Care Act (ACA). However, individual health insurance plans may have limitations on coverage for pre-existing conditions or may exclude coverage altogether. You will need to carefully review the policy's terms and conditions to ensure that it meets your needs. Your history of cancer may be considered a pre-existing condition, which means that insurance companies may charge you higher premiums or deny coverage altogether. However, the ACA prohibits insurance companies from denying coverage based on pre-existing conditions, so you may be able to find affordable coverage through the ACA marketplace. It is important to carefully consider your options and consult with a licensed insurance broker or agent who can help you navigate the complexities of health insurance coverage.