Ace the Accident & Health Insurance Agent/Broker Exam 2025 – Insure Your Success with Style!

COBRA stands for the Consolidated Omnibus Budget Reconciliation Act, which provides certain employees and their dependents the right to continue their health insurance coverage under their employer's group health plan after a qualifying event. The qualifying events that can trigger COBRA eligibility for a participant's spouse include any of the situations listed.

When a covered employee dies, the spouse would lose their health coverage, which means COBRA allows them to continue that coverage for a specified period. Similarly, if the employee experiences a reduction in working hours, such as moving from full-time to part-time status, their health benefits may also be adversely affected. This, in turn, would allow the spouse to qualify for COBRA continuation coverage. Lastly, if the employee is terminated from their position, whether voluntarily or involuntarily, this would likewise trigger a qualifying event allowing the spouse to maintain their health coverage through COBRA.

Since all of these conditions—death of the covered employee, reduction in working hours, and termination of employment—are valid qualifying events that grant the spouse the right to continue their healthcare coverage, it follows that the correct answer encompasses all these scenarios.