Our current insurance dropped us, do we qualify for COBRA?

Q: We are a small business, we were just dropped by Horizon BCBC of New Jersey. The reason, is that we spend more than 50% of our time outside of the state. Can we qualify for COBRA coverage? A: Unfortunately, you will not qualify for COBRA because COBRA is a continuation of an employers group health policy if the employer has more than 20 employees. These are the events that would qualify an employee for COBRA coverage. It would apply to the employee and their dependents that are covered under the policy now. 1. Voluntary or involuntary termination of employment (unless due to gross misconduct) 2. Your working hours have been reduced These events apply to covered spouses and the dependants. 1. Death of employee. 2. Divorce or legal separation. 3. Loss of dependant status, or when a child comes off of employees insurance due to age or school status. 4. Employee is entitled to Medicare benefits

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: If you are a healthy person who does not live in NY, NJ, MA, or VT and and COBRA is not an option, please https://quote.sasid.com/demographics.aspx?refnumber=000000051-026-900&roi=QA

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