Cobra Election Form 2021
Description
How to fill out COBRA Continuation Coverage Election Form?
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FAQ
COBRA (Consolidated Omnibus Reconciliation Act of 1986) is the federal law that allows people to keep health insurance after leaving a job. If you or a family member recently left a job with group health insurance, you may be able to continue this coverage by paying the full cost of the insurance.
There are state and federal COBRA continuation coverage laws in place in Massachusetts that give employees and their families who would lose their group health plan because of a serious life event the right to continue their health benefits, usually at their own expense, for a limited period of time.
In general, the maximum period of coverage under Illinois Continuation (mini-COBRA) is twelve (12) months after the date the insurance stopped because your employment was terminated or your hours were reduced below the minimum required by the group plan.
What is the Illinois Continuation (mini-COBRA) Law? The Illinois Continuation Law (mini-COBRA) protects individuals who lose their group health insurance coverage with an employer group of any size due to termination of employment or reduction in hours below the minimum required by the group plan.
COBRA (the Consolidated Omnibus Budget Reconciliation Act) is a federal law that allows you and any of your immediate family members to stay on an employer-sponsored health plan under certain circumstances. For example: You lose or quit your job. You divorce the employee.