Archive for the ‘COBRA’ Category
How long may I keep COBRA coverage?
Depending on the circumstances, the coverage may be kept for up to 18, 29, 36 months (or potentially even for life for certain retirees of bankrupt companies) under federal law — state law may expand benefits in some cases. The following chart shows the length of coverage under
What are the Qualifying Events that make one eligible for COBRA?
For Employee / Former Employee: Reduction in your hours of employment or the termination of your employment (for reasons other than gross misconduct on your part); and Or if you are a retiree and your employer has filed for Chapter 11 reorganization. Note: Since 2000,
What is COBRA coverage?
COBRA is an acronym for the federal law, the Consolidated Omnibus Budget Reconciliation Act of 1985. It applies to most businesses that have twenty or more employees on an average business day for that company in the prior calendar year. (Some states have similar laws
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