Who is eligible for the COBRA subsidy?
You’re eligible if you qualify for COBRA or CalCOBRA and: • Are eligible for COBRA or CalCOBRA due to involuntary job loss during the period from September 1, 2008 through December 31, 2009; and • Choose COBRA coverage either when it is first offered or during the additional election period provided by the Recovery Act. This additional election period is for people who first declined COBRA when eligible or had COBRA and dropped it, often due to COBRA’s high expense. (See below for more details on this election period.) NOTE: if you are eligible for Medicare, or for other group health coverage (such as through a new employer’s plan or a spouse’s plan), you are not eligible for the premium subsidy. Note: Any employee whose job was terminated due to gross misconduct will generally not qualify for COBRA or the premium reduction, nor will their dependents. Be aware that electing the premium subsidy disqualifies you for the Health Coverage Tax Credit, which could be more valuable to you than