While COBRA provides a continuous health coverage for many employees, certain groups and circumstances are not covered by COBRA continuation laws. Federal COBRA applies only to private-sector employers with 20 or more employees, leaving some individuals ineligible for coverage. Additionally, certain emplo...
Health Care Continuation (COBRA) requirements for other states Federal law and guidance on this subject should be reviewed together with this section. Author: John Sarno, Employer's Association of New JerseySummaryNew Jersey's Continuation Coverage Rules, also known as New Jersey's mini-COBRA law...
U.S. Department of Labor. COBRA Continuation Coverage. Retrieved fromhttp://www.dol.gov/agencies/ebsa/laws-and-regulations/laws/cobra. Accessed February 6, 2024. Healthcare.gov. COBRA coverage and the Marketplace. Retrieved fromhttps://www.healthcare.gov/unemployed/cobra-coverage/. Accessed Febr...
States that employees aged 55 and older who lose their jobs are eligible for COBRA health care continuation coverage for up to ten years. Introduction of legislation by Representative Pete Stark; Details of the Stark bill H.R. 3342; How to o...
COBRA and HIPAA(a) The Parent Group shall administer the Parent Group’s compliance with the health care continuation coverage requirements of COBRA, the certificate of creditable coverage requirements of HIPAA and the corresponding provisions of the Parent H&W Plans with respect to SpinCo Participant...
“Guidance on Health Savings Accounts.” irs.gov (accessed February 28, 2024). The Society for Human Resource Management. “COBRA: Duration of coverage: How long does COBRA continuation coverage last?” shrm.org (accessed February 28, 2024)....
When is an employee eligible for COBRA continuation coverage? An employee is eligible if they have been employed and covered under their employer’s group healthcare plan, the insurance plan was effective on more than 50% of the employer’s business days the previous year, and the employee was...
COBRA was designed to protect former employees and their dependents when they experience a loss of coverage under a group health plan. Congress enacted continuation of health care coverage requirements in 1985, called the Consolidated Omnibus Budget Reconciliation Act, commonly referred to as COBRA. Un...
COBRA generally requires that group health plans sponsored by employers with 20 or more employees in the prior year offer employees and their families the opportunity for a temporary extension of health coverage (called continuation coverage) in certain instances where coverage under the plan would ...
From the date of the qualifying event, COBRA coverage extends for a limited period of 18 or 36 months, depending upon the applicable scenarios.9One can qualify to extend the 18-month maximum period of continuation coverage if any one of the qualified beneficiaries in the family is disabled and...