For a Covered Employee: A COBRA Qualifying Event is the termination of the Covered Employee’s employment for reasons other than gross misconduct, or the reduction of a Covered Employee’s work hours to less than 30 hours per week.
For Dependents: Dependents already insured may continue coverage under COBRA for 18 months based on the above qualifying event of an employee. Dependents may continue coverage for a period up to 36 months if coverage is lost due to one of the following dependent qualifying events:
- The employee’s death
- The employee and spouse divorce
- A dependent child is no longer eligible as a dependent over age 26 (unless incapacitated)