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Cobra & Medicare
Benefits & Compensation
Cobra & Medicare
Exchange ideas about health plans, retirement, work/life benefits, and employee assistance.
If an employee is Rif'd and over age 65, are they eligible for Cobra as primary coverage? Are they also eligible for stimulas benefits, meaning employer pays 65% of premium for 9 months?
Thanks
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Forums » Topic Forums » Benefits & Compensation » Cobra & Medicare
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Cobra & Medicare
posted at 3/3/2009 4:33 AM EST
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Posts: 1047
First: 4/11/2002 Last: 9/14/2011 |
Since the employee appears to already be covered under Medicare (Part A at least), he or she has COBRA rights, per the COBRA statute. On a side note, if the employee was 64 at the time of termination, you could terminate COBRA coverage once Medicare was elected.
As for the premium subsidy, the legislative brief I'm reading doesn't mention anything about an employee's age. Guidance is still being released on subsidy, but at this point, it appears that this person would be eligible for it. |
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Cobra & Medicare
posted at 3/4/2009 4:55 AM EST
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Posts: 30
First: 1/29/2009 Last: 11/24/2009 |
I am assuming Rit'd stands for retired. The new COBRA subsidy doesn't state whether an employee that retires is eligible or not. Unless they retired due to a pending layoff. So if they just retired because of age I wouldn't think they would be covered by the new COBRA subsidy unless further information comes out soon stating the contrary. |
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Cobra & Medicare
posted at 3/5/2009 2:58 AM EST
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Posts: 12
First: 3/2/2009 Last: 1/27/2011 |
If a rif'd person is eligible for medicare (or other insurance through a spouse), they will likely not be eligible for the 65% subsidy. The plan is not completedly ironed out yet, but I think this piece will stand. |
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Cobra & Medicare
posted at 4/8/2009 9:34 AM EDT
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Posts: 1
First: 4/8/2009 Last: 4/8/2009 |
There's no question. The person is ineligible for the COBRA subsidy. He bacame eligible for Medicare on the 1st of the month of his 65th birthday. Even if he is not entitled to Medicare (by starting social security or applyin for the start of Medicare) he is "eligible" for Medicare. Therefore, no subsidy. |
Forums » Topic Forums » Benefits & Compensation » Cobra & Medicare
