COBRA and Cal-COBRA

Q: I am a California resident currently on COBRA coverage following my retirement from a company with 100+ employees. My 18 months COBRA coverage will expire on 6/30/15. I am 63 years old. Can I extend my coverage under Cal-COBRA? Until I’m 65? There is no other “qualifying event” and my former company just switched to an insurance company that does not offer individual plans. I am not eligible for Marketplace subsidies. My current COBRA premium is $463 (individual).

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