American Rescue Plan Act of 2021’s COBRA Subsidy Ends September 31. What’s next?

Retirement coverage at age 58

Code Number:993366 Q: As a retiree of Delta Air Lines, I am enrolled in the Delta Employees Medical Plan and Delta agrees to allow me to continue with this plan until I am eligible for Medicare. I am now 58 years old. Is this considered a COBRA plan? Code Number:993366 A: Code Number:993366 No . COBRA is a continuation of their employer’s group health plan, but it generally lasts up to 18 months from the qualifying event. With COBRA you are responsible for paying 102% of the monthly premiums. Your employer may be offering you a benefit package for their retiring employees.

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Short-Term Health Insurance is popular and available in most states to cover gaps between major medical plans.

These plans also cover COVID-19 hospitalization. After deductibles and coinsurance, many plans will have $1 million in coverage.

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