How Long Can You Stay On COBRA?

I am considering retirement at 63 & 1/2 years of age. I understand that I would be covered under COBRA until at age 65 when Medicare kicks in. My question has to do with my wife, who would be 61 at the time I retire. Since COBRA seems to have a 36 month limit, would she be covered until she becomes 65 and eligible for Medicare? Would the trigger for a spouse apply when I become eligible for Medicare to extend the time of her coverage, or would we have to find a private plan for that extra year?

18 or 36 Months

The Consolidated Omnibus Budget Reconciliation Act or COBRA, is a law that gives workers and their insured dependents the right to keep their employer-sponsored health plan after that insurance would end due to job loss or changes in the immediate family for a limited period of 18 or 36 months. The length of time depends on the type of qualifying event that made you eligible for COBRA insurance continuation coverage. The group health plan may provide longer periods of coverage beyond the maximum period required by law.

Former Employees Can Use COBRA Benefits For 18 Months

When the qualifying event is an employee’s termination of employment, such as voluntarily quitting, getting let go, retirement or reduction in hours that would make them no longer eligible for work health insurance that beneficiary is allowed up to 18 months of continuation coverage.

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COBRA Eligibility

Changes In The Family Allow For 36 Months Of COBRA Coverage

Qualifying events that would remove a partner, spouse or dependent from a healthcare plan makes those beneficiaries eligible for COBRA for up to 36 months. This includes death of the covered employee, divorce, separation or annulment. Adult children losing their dependent status, at age 26, may also use their COBRA rights for 36 months to keep the same plan they had on their parent’s health insurance.

Specific Qualifying Events

The following chart specifies how long you may keep your workplace insurance through COBRA

Qualifying EventLength of Coverage
Reduction of Hours (resulting in loss of coverage)18 Months
Voluntary Termination of Employment (quitting your job)18 Months
Involuntary Termination of Employment (getting fired from job)18 Months
Divorce, Annulment, Termination of Domestic Partnership, or Legal Separation36 Months
Child ceases to be a Dependent (e.g. child turns 26)36 Months
Death of Employee36 Months

You Can Save Money With Short-Term Medical Insurance

We are COBRAinsurance.com — a private health insurance agency, 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

Call For Advice: 1-877-262-7241

Get A Quote On Short-Term Medical Insurance

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