Group Life & AnnuitiesQuestion 688 of 716
COBRA generally applies to employers with:
a.Only government agencies
b.Fewer than 5 employees
c.Any number of employees
d.20 or more employees
Explanation
Federal COBRA applies to private employers (and state/local government) with 20 or more employees. Very small employers are exempt, though some states have mini-COBRA laws.
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Related questions on this topic
- Under federal tax rules, employer-paid group term life premiums are tax-free to the employee only up to ________ of coverage; the cost of coverage above that is taxable income to the employee:
- Federal COBRA generally lets an eligible employee who loses group health coverage continue it for a limited time by:
- Which is a COBRA qualifying event that can extend continuation up to 36 months for dependents?
- A Section 125 cafeteria plan allows employees to:
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PrepPass team · Verified against California Life & Health Insurance License Exam · How we review
Reviewed by John Zihao Zhang — California-Licensed Life Insurance Agent (CA Dept. of Insurance License #4396095 — verify)