What it is
Loss of employer coverage is a qualifying life event. You have 60 days from the loss date to enroll in the marketplace, and the subsidy is set from projected income, not last year income. Marketplace coverage can be cheaper than COBRA, and the enrollment window matches the COBRA election window.
What to do about it: Write down the coverage end date. The 60-day window starts on that date, not on the day you were told.
Plain-language description of US practice, not legal, tax, or financial advice. The paired guide carries the citations, dates, and thresholds; the state pages carry the local windows.