Ask Us a Question Home Page | Glossary | Favorites | Ask Us a Question Ask Us A Question Home Page | Glossary | Favorites | Ask Us a Question
Search COBRA Insurance Questions Browse by Category
Cobra Payments
User Opinions (3 votes)
100% thumbs up 0% thumbs down

How would you rate this answer?
Helpful
Not helpful
Q:  I have an ex employee that claims to have paid July and I have no record of it, when I asked the ex employee for proof of July pmt or I would have to terminate coverage, she absolutely refuses, stating it is not her fault I have an incompetent bookkeeper. What do I do in this situation?

A:   A payment should be accepted by the employer if it was received in a timely manner. A payment is considered "timely" if it is made with in the 30 days from the due date.  A common law "mailbox rule" can also apply to the timeliness of your payments. So, as long as the payment was mailed by the due date and the post mark can prove that, it is considered timely. Regardless of whether the payment was delayed by the post office, or even their inter office mail is slow, the premium must be accepted.


Official COBRA Insurance Website

Related Questions
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.