If you're subject to COBRA, and if you have a group health plan, you have to provide COBRA benefits to qualified beneficiaries. A qualified beneficiary is anyone covered under your group health plan ... |
The following types of plans generally need to be offered to employees when COBRA is triggered (but only if you already offer them to employees): |
Events that trigger coverage are called qualifying events. The following are qualifying events: |
COBRA stresses communication to the employee of the right to continue benefits when a qualifying event occurs. Some of the communications requirements are ... |
The employee must pay the full cost of the insurance premiums. In fact, the law allows you to charge 102 percent of the premium, and to keep the 2 percent to cover your administrative costs. When an ... |
Complying with COBRA can be a pretty taxing job. Even big companies save time and money by outsourcing administration to companies that specialize in doing it. Even still, you should know some basics ... |
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