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From a legal standpoint, there is no federal law that says companies must offer health insurance to their employees.
New Hampshire Mini-COBRA Law Covers Workers Of Small Businesses. According to the State of New Hampshire Insurance Department, continuing your health insurance from your previous job is a right under the federal COBRA Act.
The following are qualifying events: the death of the covered employee; a covered employee's termination of employment or reduction of the hours of employment; the covered employee becoming entitled to Medicare; divorce or legal separation from the covered employee; or a dependent child ceasing to be a dependent under
Second qualifying events may include the death of the covered employee, divorce or legal separation from the covered employee, the covered employee becoming entitled to Medicare benefits (under Part A, Part B or both), or a dependent child ceasing to be eligible for coverage as a dependent under the group health plan.
A few states have passed their own health insurance requirements, but as we approach open enrollment for 2022 health plans, New York is not one of them.
When the qualifying event is the covered employee's termination of employment or reduction in hours of employment, qualified beneficiaries are entitled to 18 months of continuation coverage.
Employers in New Hampshire with fewer than 50 full-time employees are not required to offer health insurance coverage. A business that has 50 or more full-time employees is required to provide health insurance options in New Hampshire.
COBRA Qualifying Event Notice The employer must notify the plan if the qualifying event is: Termination or reduction in hours of employment of the covered employee, 2022 Death of the covered employee, 2022 Covered employee becoming entitled to Medicare, or 2022 Employer bankruptcy.
Losing COBRA Benefits Here's the good news: Rolling off of COBRA coverage is a qualifying event that opens a special enrollment period for you to purchase your own health coverage. And you'll have more options, flexibility and control of your health plan outside of COBRA with an individual health insurance plan.
Federal COBRA & New Hampshire Continuation of Coverage Consolidated Omnibus Budget Reconciliation Act Continuation Coverage (COBRA) is a Federal law that gives employees and their covered dependents, who lose health benefits, the right to continue their coverage, in most cases, a maximum of 18 months.