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Notification requirements for the COBRA subsidy available under the recently enacted stimulus legislation. Background The American Recovery and Reinvestment Act of 2009 (ARRA) provides for a subsidy toward the cost of COBRA coverage for individuals who lose health coverage due to involuntary termination of employment. (See our February 24, 2009 For Your Information.) ARRA requires plan sponsors to notify current and former qualified beneficiaries of the premium subsidy. On March 19, the DOL po.

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By law, COBRA continuation coverage must begin on the day immediately after your group health care coverage ends. If your group coverage ends due to employment termination or reduction in employment hours, COBRA continuation coverage may last for up to 18 months.

Introduction. You're getting this notice because you recently gained coverage under a group health plan (the Plan). This notice has important information about your right to COBRA continuation coverage, which is a temporary extension of coverage under the Plan.

Your employer must mail you the COBRA information and forms within 14 days after receiving notification of the qualifying event. You are responsible for making sure your COBRA coverage goes into and stays in effect - if you do not ask for COBRA coverage before the deadline, you may lose your right to COBRA coverage.

COBRA Election Notice After receiving a notice of a qualifying event, the plan must provide the qualified beneficiaries with an election notice within 14 days. The election notice describes their rights to continuation coverage and how to make an election.

When a qualifying event occurs for which an employer must notify the plan administrator, many COBRA administrators (third-party administrators) require that the employer provide notice of that event electronically. The advantage of this type of system is that it will quickly generate a COBRA qualifying event notice.

COBRA insurance starts the day after an employee is separated from his or her job. It can last up to 18 months for an employee and up to 36 months for an employee's spouse/partner and dependent child. If an employee elects COBRA coverage, he or she is responsible for making insurance premium payments.

When an employee loses his/her job, and that employee had health insurance benefits provided through the company/employer, they have the right to purchase health insurance at their own cost through COBRA. If you lose your job, your company has an obligation to advise you of your COBRA benefits rights.

COBRA stands for Consolidated Omnibus Budget Reconciliation Act. Under the federal law, you and your dependents may temporarily continue medical, dental, or vision benefits coverage, as a result of a qualifying event, subject to certain conditions and your continued payment of premiums.

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© Copyright 1997-2025
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232