Our company terminated several employees on 9/1/08 who were entitled to continuing severance payments through June of 2010 (22 months). Their health insurance benefits are being continued as through they are active employees through the entire severance period. Their eligibility for cobra will begin on July 1, 2010.
Are they eligible for the cobra subsidy beginning 7/1/10 for 9 months since their actual termination date was 9/1/08 or not?