When does Cobra assistance end in the marketplace?

When does Cobra assistance end in the marketplace?

When your COBRA premium assistance ends, you can enroll in a Marketplace plan with a Special Enrollment Period. If you know your COBRA premium assistance is ending September 30, 2021, you can report a “loss of coverage” to qualify for a Special Enrollment Period starting August 1, 2021.

What does it mean to be part of a Cobra plan?

COBRA covers group health plans sponsored by an employer (private-sector or state/local government) that had 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.

Do you qualify for help paying for Cobra?

See 2021 plans and prices to compare them to your COBRA coverage or offer. If you qualify for COBRA continuation coverage because you or a household member had a reduction in work hours or involuntarily lost a job, you may qualify for help paying for your COBRA premiums (called “COBRA premium assistance”).

Where can I get more information about Cobra?

If you need further information about COBRA, the Affordable Care Act, HIPAA, or ERISA, visit the Employee Benefits Security Administration’s Website. Or contact the Employee Benefits Security Administration electronically or call toll free 1-866-444-3272.

When do you need continuation coverage for Cobra?

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

What’s the increase in Cobra for 11 months?

For qualified beneficiaries receiving the 11-month disability extension, the COBRA premium for those additional months may be increased to 150 percent of the plan’s total cost of coverage for similarly situated individuals.

Where can I find out if I am eligible for Cobra?

To learn more about eligibility for COBRA premium assistance, including more on your eligibility for COBRA continuation coverage or COBRA premium assistance, visit the U.S. Department of Labor at DOL.gov. If you’re already enrolled in COBRA, you may have options in the Marketplace.