Who qualifies for COBRA insurance coverage?
501 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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