COBRA coverage may be terminated if:
- You become eligible for Medicare;
- You reach the maximum coverage limit under the plan;
- You become eligible for another employer-sponsored health plan that does not have a pre-existing condition waiting period (if the new plan does have a waiting period, you may continue COBRA coverage during this period);
- The employer from whom you are getting coverage stops coverage for all employees;
- You do not pay your COBRA premiums on time.