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.
A health plan may provide longer periods of coverage beyond those required by COBRA. Under COBRA, an individual may be entitled to up to 18 months, 29 months, or 36 months of continuation coverage depending upon which qualifying event(s) triggered the COBRA coverage. The following table illustrates the maximum coverage periods for each qualifying event.