Workers who have a special qualifying event for COBRA, like retirement, job loss or changes in the immediate family, the federal COBRA law allows employees enrolled in a group health plan the option of keeping it. The employer requirement under federal COBRA is they must employ 20 or more workers during 50% of business hours. A worker must have been on the employer-sponsored health insurance for at least one day before they become eligible.
State Continuation Coverage Under Kentucky Law or Mini-COBRA
When the federal COBRA law doesn’t apply, Kentucky’s State Continuation of Coverage legislation (mini-COBRA) protects Kentuckian employees that work for businesses with 19 or fewer employees. Employees and their dependents who were insured under a group policy will need to meet these conditions to qualify under the Kentucky Law.
The group insurance policy was covering the employee and their qualified dependents for at least three months
You must respond to the election notice within 31 days after you receive it.
If you are fairly healthy and still want to remain insured, alternatives to COBRA insurance may be available based on where you live. Short-term health insurance is a popular option and available in most States. This can protect you from high medical costs of new injuries or new illnesses that unexpectedly occur while allowing you to use any licensed doctor. Coverage is available up to $1 million per person. For more information and pricing, you can call us at 1-877-262-7241 or complete a free quote online.
