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The State of Delaware enacted a temporary mini-COBRA law, joining several other states that require continuation of group health coverage for insured, small employer group health plans.
COBRA is a federal law about health insurance. If you lose or leave your job, COBRA lets you keep your existing employer-based coverage for at least the next 18 months. Your existing healthcare plan will now cost you more. Under COBRA, you pay the whole premium including the share your former employer used to pay.
For disabled QBs who receive an 11-month COBRA extension (29 months in total), you can charge up to 150% of the group rate. Many states have regulations that are similar to federal COBRA. These state regulations are known as mini-COBRA.
Yes, You Can Get COBRA Insurance After Quitting Your Job According to the Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA), companies with 20 or more employees are required to allow workers to keep their health insurance coverage, if that coverage would end due to a qualifying event.
The following are qualifying events: the death of the covered employee; a covered employee's termination of employment or reduction of the hours of employment; the covered employee becoming entitled to Medicare; divorce or legal separation from the covered employee; or a dependent child ceasing to be a dependent under
How COBRA Works In Delaware. The Federal COBRA Law requires businesses with 20 or more workers to provide the option to elect the same group health coverage to workers and their families if that insurance would end. Exempt from this rule are government employers, churches and tax-exempt organizations.
Even if you enroll in COBRA on the last day that you are eligible, your coverage is retroactive to the date you lost your employer-sponsored health plan.
To be eligible for COBRA coverage, you must have been enrolled in your employer's health plan when you worked and the health plan must continue to be in effect for active employees.
COBRA generally applies to all private-sector group health plans maintained by employers that have 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.
Delaware's new mini-COBRA law requires small employer group health policies issued to groups that have 1 to 19 employees on a typical business day during the preceding year to provide continuation coverage for members of the group who are terminated from coverage under the policy for up to nine months (exceptions are