• Home
  • What We Do
  • About
  • Employee Benefits
  • Individual Info
  • Health Care Reform
  • Kudos
  • Blog
  • Contact

GoGetCovered.com

We help make getting covered easier! - Insurance for Businesses and Individuals

GoGetCovered: Insurance for Businesses and Individuals
  • Group Health
    • Large Group Health Insurance
    • Small Group Health Insurance
  • Group Life
  • Group Dental
  • Vision
  • Short Term
  • Disability
  • Individual/Family
  • Children
  • Travel

Does The Affordable Care Act Affect COBRA?

February 27, 2015

With the passing of the Affordable Care Act, many are asking now “How does this affect my COBRA?” The passing of the Patient Protection and Affordable Care Act did not eliminate or change the COBRA rules.

COBRA, the Consolidated Omnibus Budget Reconciliation Act of 1986 allows workers and family members the option to continue on their prior employers group  medical plan for a specific number of months.  If your prior company had 20 or more employees in the previous year and they offered a group health plan, then COBRA would apply to your company.  If your previous company had less than 20 employees in the previous year and offered a group health plan, then Colorado Continuation of Benefits would apply to your company.

The employee count must include part time and part time equivalent employees.  To determine if you are eligible for COBRA or Colorado Continuation of Benefits the rules are as follows:

With COBRA, you are eligible after 1 day of being covered under your employers plan. Colorado Continuation of benefits requires that you are covered under your employers group health plan for at least 6 months, then you would be eligible.

The qualifying events that would enable you to secure coverage under COBRA or Continuation of Benefits in Colorado would include:

  • Termination of employment (Voluntary and Involuntary)
  • Death
  • Divorce
  • Eligibility for Medicare
  • Change in employment, Full Time to Part Time
  • Military recruitment

The coverage you are eligible for under COBRA or State Continuation is usually the exact same plan that was in place prior to your qualifying event.

The length of coverage for COBRA and Continuation of Benefits is normally 18 months, but certain qualifying events could allow you to extend your coverage to 36 months.  For example, if your spouse dies you would be allowed to continue on Cobra for 36 months.

If you are eligible for COBRA or Colorado Continuation of Benefits you might also qualify for a subsidy through the Connect For Health Colorado marketplace plans.  Researching whether or not you qualify for a tax credit might enable you to save some money and give you another option to investigate before signing up for COBRA or Continuation of Benefits.

Please note you have a certain period of time to notify your previous employer if you want to elect the COBRA or State Continuation of Benefits.  With COBRA you have up to 60 days to elect coverage.  With State Continuation you would have only up to 30 days for this election.

Keeping these deadlines in mind, you have actually more options since the passing of Affordable Care Act to decide whom you would like to continue your medical coverage with after you have experienced some type of qualifying event.

Please refer to this form on COBRA vs State Continuation of Benefits for more detailed information.

Related Posts

  • PACE Act Update

    The PACE Act gives states the option of expanding their small group markets to include…

  • Important Affordable Care Act Updates For Employers

    For plan years beginning in 2019, the ACA’s affordability contribution percentages are increased to: 9.86…

  • Talk about Skinny Plans

    Proposed regulations would close a loophole that allowed certain employers to skirt the Affordable Care…

Filed Under: Affordable Care Act, Benefit News, COBRA


Please contact our office with any questions!
Phone Us: 303-377-1399

Search GoGetCovered.com

Our Insurance Providers:

Join us on social media

 

Recent Updates

  • 2025 Contribution Limits – Updates
  • IRS Contribution Limits (What’s changing in January 2025)
  • IRS Contribution Limits (2024 Update)
  • IRS Releases 2024 Limits for HSAs, EBHRAs & HDHPs
  • 2022 Year-End Compliance Review
  • IRS Regulations Fix the ACA’s Family Glitch as of 2023
  • Health Plan Prescription Drug Reporting Mandate (RxDC)
  • IRS Releases 2023 Limits for Flexible Spending Accounts (FSA), Health Savings Accounts (HSA) and Commuter Benefits
  • Inflation Reduction Act to be Signed into Law, Includes Multiple Medicare Drug Pricing Reforms
  • Updates on Contraception Coverage Under The Affordable Care Act

site map · privacy policy · Copyright © 2025 · Cheryl Golenda Insurance Agency Inc. · theme by StudioPress · customized by Intent Design Studio · hosted by BlueHost · Log in

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Cookie settingsACCEPT
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are as essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
SAVE & ACCEPT