COBRA Question and Answer forum for Employers and HR
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There were 70 questions found in this category:
What if an employee voluntarily terminates their health coverage?
Q: If an employee voluntarily terminates their health coverage that the company offers, Do we have to offer cobra?A: If an employee or dependent is covered on the group health insurance the day before a qualifying event, they are not eligible for COBRA continuation.
What is my role as the COBRA Administrator?
Q: What is my role as the COBRA Administrator?A: Your role is to properly record, track and administer the many steps needed to comply with the law. The process can be complex. If you neglect your administrative duties you could be faced with some strict penalties from the IRS.
What is Phone Number to COBRA?
The Basics you need to know: · COBRA Insurance is not a company. It is a Law. · COBRA Insurance through your former employer is Very Expensive. You are now responsible for the entire cost of your own Health Insurance. Your employer can even charge additional % of premiums for admin ...
What is the Federal Government's role in COBRA?
Q:What is the Federal Government's role in COBRA? A: COBRA continuation coverage laws are administered by several agencies. The Departments of Labor and Treasury have jurisdiction over private-sector health group health plans. The Department of Health and Human Services administers the continuat ...
What is the time frame for the new Cobra stimulus package?
Q: What is the time frame for the new Cobra stimulus package? A: The law is so new that many human resource managers likely won’t know how to implement the change until guidelines are released by the federal Department of Labor. The new rules should be available within 30 days of President ...
When should an employee be notified of their COBRA rights?
Q: When should an employee be notified of their COBRA rights?A: All participants and their beneficiaries of the group health plan must be informed about their COBRA rights when they are first covered by the plan. After they have received their initial letter they must be informed after each qua ...
Where can I find COBRA forms?
Q: Where can I find Cobra Forms? General Notice, Election Notice, etc.. A: To access COBRA forms you can: 1. Call your state EBSA (Employee Benefit Security Administration) office. You can find that state specific number if you visit www.dol.gov/ebsa you can also call them at 1-866-444-EBSA2. Y ...
Where do I find a standard form letter to attach to the election form?
Q: Is there a starndard form letter to go along with the election form tha I can use for offering our employees upon termination for cobra? A: To access COBRA forms you can: 1. Call your state EBSA (Employee Benefit Security Administration) office. You can find that state specific number if yo ...
Who is eligible for Cobra - Chart
Q: Who is eligible for Cobra? A: The following chart shows the specific qualifying events, the qualified beneficiaries who are entitled to elect continuation coverage, and the maximum period of continuation coverage that must be offered, based on the type of qualifying event. Note that an even ...
Workers' Comp and COBRA
Q: I have a employee that will be on workers' comp disability for 3 months. this would result in a lost or reduction of hours. must he be put into cobra to maintain his health insurance, Is there a waiting period of 30 or 60 days or would this be immediate.A: An employee doesn't qualify for COB ...
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