The interaction between employer-provided retiree medical coverage and COBRA[1] is complex. Many employers incorrectly assume they do not have to offer COBRA at retirement if they offer a retiree ...
Thanks to a very generous federal subsidy of COBRA insurance payments for the unemployed, which ended on May 31, COBRA enrollment of employees laid off by large companies more than doubled, according ...
While most plan sponsors understand that their plans must offer continuation coverage under COBRA for their medical benefits, many administrators find themselves on less solid ground when it comes to ...
Temporary federal subsidies that have been underwriting COBRA health insurance coverage for the unemployed are due to expire within weeks, according to a report by the Columbus Dispatch. With the ...
Employers could save billions next year as some of their former employees opt to discontinue their coverage under the Consolidated Omnibus Budget Reconciliation Act and purchase coverage through the ...
Carolyn McClanahan, CFP, MD, is the founder and president of Life Planning Partners, Inc. She is a contributor to CNBC, Investopedia, New York Times, Wall Street Journal, and Washington Post, and a ...
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Am I eligible for COBRA health insurance?
Fact checked by Sheeren Jegtvig Key Takeaways You can keep your health plan with COBRA if you lose your job, reduce work hours, or have certain life changes.COBRA only applies if your employer has at ...
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