Q: Recently our company was purchased by another one and my co-worker was released by the new company. He asked me to help him with questions like who can he contact about signing up with the formers company insurance plan. His questions are about whom and how to contact at the insurance company to start with the enrollment and where the premiums are handled.
A:It is the employer’s responsibility to provide the employee the COBRA paperwork when the qualifying event occurs.If the new owner’s have replaced the former owner’s group health plan then the COBRA continuation will be through the new owner’s plan.Usually when a business is sold the previous owner’s cancel their group health insurance and COBRA through that plan is not available. The insurance company will not be able to assist the employee in signing up for COBRA.They will refer you back to the employer or the employer’s COBRA plan administrator.
Related Questions
No related questions were found.
Attachments
No attachments were found.
Copyright 2007 COBRA Insurance
.com - COBRA Insurance Information Source. All rights
reserved.
Important
Disclaimer: COBRA is a law (It is not an endorsed
insurance plan or company). Answers and comments provided
on
Cobra insurance .com website are general information,
and are not intended to substitute for informed professional
medical, psychiatric, psychological, tax, legal, investment,
accounting, governmental, or other professional advice.
Cobra
insurance .com does not endorse, and expressly disclaims
liability for any product, manufacturer, distributor,
service, health plan, or service provider mentioned or any
opinion expressed in the website. Replies, comments, or
information gathered on
Cobra
insurance .com website may not be accurate but are
intended to be helpful.
Search COBRA Insurance Questions
Browse by Category
Print this page
Email this page
Post a comment
Subscribe me
Add to favorites