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.
Thus, if active employees may elect coverage under these plans separately, then the COBRA beneficiary also may elect COBRA continuation separately for each of these options. However, if employees only can take these plans as a single package, then the COBRA beneficiary can continue only the entire package. And, at open enrollment or HIPAA special enrollment, the COBRA beneficiary may change coverage elections, just as active employees may do. Source: Spencers Benefits Reports.