I'm about to lose my full time status at my college because of budget cuts and my health insurance will go too. I was told that I could qualify for COBRA but know almost nothing about it. My wife works full time and I can go under her health insurance but would have to find different physicians. I've been very happy with my plan so am sad that it's going away. Can someone give me an idea how COBRA works? Should I look into it or just go under my wife's plan?