Cobra Health Message Board
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Re: 35-65% Cobra Coverage
COBRA Health plan Advice for Individuals and Small Businesses |
We are not COBRA. For specific contract details about your current company policy, contact your health plan administrator.
Re: 35-65% Cobra Coverage
In Reply to: 35-65% Cobra Coverage posted by Jane Woods on November 03, 2009 at 09:57:18:
: If an employee has been covered with Company Insurance and is leaving employ on December 24, can he/she get Cobra coverage where the employee pays 35% and whoever (?) pays 65% of the premium? I understand the program ends 12/31/09 and want to make sure the employee will be covered for 6 or 9 months?
The employee (and covered dependents) would only qualify for the stimulus if they were involuntarily terminated without gross misconduct before 12/31/09. The stimulus allows you to only be responsible for 35% of the premium for the first 9 months of COBRA.