Does Cobra count as qualifying health coverage?
Does Cobra count as qualifying health coverage?
Yes, you can change — you qualify for a Special Enrollment Period. Does COBRA count as qualifying health coverage (or “minimum essential coverage”)? Yes. This means if you have COBRA coverage you don’t have to pay the fee that people without coverage must pay.
What is a Cobra plan?
COBRA covers group health plans sponsored by an employer (private-sector or state/local government) that employed at least 20 employees on more than 50 percent of its typical business days in the previous calendar year. Both full- and part-time employees are counted to determine whether a plan is subject to COBRA.
What happens if you don’t take Cobra?
If you decide not to take COBRA coverage, you can enroll in a Marketplace plan instead. Losing job-based coverage qualifies you for a Special Enrollment Period. This means you have 60 days to enroll in a health plan, even if it’s outside the annual Open Enrollment Period.
Who administers the COBRA continuation coverage law?
COBRA continuation coverage laws are administered by several agencies. The Departments of Labor and Treasury have jurisdiction over private-sector group health plans. The Department of Health and Human Services administers the continuation coverage law as it applies to state and local governmental health plans.
What is so special about the Flash COBRA 8 Petard?
The Flash Cobra 8 petard will convince you that it has been created for true connoisseurs. And what’s so special about it? Mostly the dizzily high pyro content, which equates to 100 grams. A petard that‘s one of the strongest in the pyrotechnics field, is a guarantee of a very powerful sound effect shrouded by a cloud of smoke.
What is Cobra and what does it do?
Q2: What does COBRA do? COBRA requires continuation coverage to be offered to covered employees, their spouses, former spouses, and dependent children when group health coverage would otherwise be lost due to certain specific events. COBRA continuation coverage is often more expensive than the amount that active
