Who qualifies for COBRA insurance coverage?
394 views |Last modified 9/26/2023 6:22:26 AM EST | Added by TaxBandits Team
Employees who fall under the following conditions are eligible for COBRA insurance coverage.
- Employees who are terminated voluntarily or involuntarily
- If the employees’ working hours are reduced, resulting in loss of employer insurance coverage
- When an employee becomes eligible for Medical Insurance
Employers who fall under the following conditions are eligible to provide COBRA insurance for their eligible employees.
- Employers with at least 20 full-time employees
- Employers offering private-sector health plans to their employees
If you want to e-file Form 941 for Q2, 2021, create a FREE account with TaxBandits and submit the form to the IRS.
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