Kansas COBRA Continuation Waiver Letter
Description
How to fill out COBRA Continuation Waiver Letter?
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FAQ
You can stop paying for your expensive premiums, or cancel COBRA continuation or coverage at any time, BUT you must remember that voluntarily quitting other health coverage or being terminated from a health plan for not paying premiums is NOT a qualifying life event.
The COBRA subsidy has been extended until September 30, 2021. Currently this is the final date for subsidy assistance. There has currently been no word of extension beyond this date.
If you waive COBRA coverage during the election period, you must be permitted later to revoke your waiver of coverage and to elect continuation coverage as long as you do so during the election period. Then, the plan need only provide continuation coverage beginning on the date you revoke the waiver.
When a participant fails to make a timely payment of any required COBRA premium, the employer may terminate COBRA coverage. Employers must provide participants with at least a 30-day grace period for payment of any late premiums.
Federal law requires that most group health plans (including this Plan) give employees and their families the opportunity to continue their health care coverage through COBRA continuation coverage when there's a qualifying event that would result in a loss of coverage under an employer's plan.
Employers should send notices by first-class mail, obtain a certificate of mailing from the post office, and keep a log of letters sent. Certified mailing should be avoided, as a returned receipt with no delivery acceptance signature proves the participant did not receive the required notice.
You May Cancel COBRA At Any Time To cancel your your COBRA coverage you will need to notify your previous employer or the plan administrator in writing. After you stop your COBRA insurance, your former employer should send you a letter affirming termination of that health insurance.
If you want to avoid paying the COBRA cost, go with a short-term plan if you're waiting for approval on another health plan. Choose a Marketplace or independent plan for broader coverage. Choose a high-deductible plan to keep your costs low.
