Q:Under the new law does a student dependent who has lost coverage under their parents' insurance policy because they have graduated qualify as an eligible worker for the COBRA 65% subsidy? The student graduated on December 15, 2008 and has not been able to find a job.
A:The student would be eligible for Cobra coverage; however I do not believe he would be eligible for the subsidy due to the fact that he was removed from the parents insurance due to graduating school.To be eligible for the stimulus/reduction the employer who is working and has the group health plan had to have been laid off involuntarily.
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