To counter that, the VA institutes higher loan limits in costlier counties, basically increasing the amount qualified borrowers can get without having to put money down. So, for example, in San Diego County in California, the VA loan limit for 2015 is $562,350. In Frederick County, Md., the limit is $625,500.
Retiree-only health plans are still subject to COBRAâs requirements, however, because COBRA does not. include a specific exception for such plans, even when they are separate from an active employee plan. Instead, from a COBRA perspective, the key issue is whether there is (a) a group health plan, (b) maintained. by, (c) an employer.
When you become eligible for COBRA, you may also become eligible for other coverage options that may cost less than COBRA continuation coverage. The right to COBRA continuation coverage was created by a federal law, the Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA).