While COBRA provides a continuous health coverage for many employees, certain groups and circumstances are not covered by COBRA continuation laws. Federal COBRA applies only to private-sector employers with 20 or more employees, leaving some individuals ineligible for coverage. Additionally, certain emplo...
March 12, contains several new rules impacting COBRA benefits. The ARPA provides up to six months of free COBRA coverage for “Assistance Eligible Individuals,” a special COBRA enrollment and coverage period for such individuals, and new notice obligations, all as...
Stimulus makes Cobra coverage a better betWall Street Journal
COBRA insurance typically lasts for 18 months but can extend up to 36 months under certain circumstances, such as a second qualifying event, disability, or for certain dependents. The duration of coverage depends on the nature of the qualifying event that triggered the COBRA eligibility. ...
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A covered employee’s divorce or legal separation A child’s loss of dependent status (and therefore coverage) under the plan. COBRA sets rules for: when plan sponsors must offer and provide continuation coverage how employees and their families may elect continuation coverage, and ...
Health coverage is one of the most important employee benefits employers provide. As such, having a safety net in place in the case of certain events, like loss of employment or employer bankruptcy, is vital for the health and well-being of your employees. COBRA is a federal law that provi...
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which otherwise would be terminated. While these individuals are likely to pay more for health insurance coverage through COBRA than they did as employees (because the employer will no longer pay a portion of the premium costs), COBRA coverage might be less expensive than an individual insurance ...
In addition to the federal regulations, many states have their own laws that govern the continuation of health coverage after a qualifying event. For example, while federal COBRA generally applies to firms with more than 20 employees, some states mandate COBRA coverage to firms with as few as ...