My Employer Sold The Business, Do I Qualify For COBRA?

The business I work for was sold & the new buyer has offered a new health plan. Do the employees have the option of electing COBRA on the old plan or because they our offered a plan with a new carrier they don’t qualify?

COBRA is a continuation of a group health policy for an employee or their spouse and dependent children. You are not eligible for COBRA when you are still employed and your employer’s health plan changes from one carrier to another. Your group health policy was replaced it wasn’t lost.

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COBRA Eligibility

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We are COBRAinsurance.com — a private health insurance company, established in 2001, that publishes online information on how the federal COBRA law works. We also provide an alternative to COBRA if it is unavailable or you simply can not afford it. You can remain insured and have health coverage for new illnesses or injuries with Short-Term Medical Insurance

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