Suspension without pay may be a COBRA qualifying event

Most HR people know that if an employee experiences a “qualifying event” under COBRA they must be sent the paperwork for continuation of insurance coverage.  According to the USDOL the qualifying events for employees are: Voluntary or involuntary termination of employment for reasons other than gross misconduct Reduction in the number of hours of employment …

Read moreSuspension without pay may be a COBRA qualifying event

COBRA rules to be altered to allow for ACA notification

In early May 2014 the current administration published proposed rules to require employers to alter COBRA notification to employees. Currently COBRA notification must be given to any employee covered by a group health insurance policy the day before a “qualifying” event. This notification must be sent to the employee or beneficiary within 14 days of …

Read moreCOBRA rules to be altered to allow for ACA notification

Stimulus = Free COBRA: Say What?????

According to an alert sent out by the law firm SeyfarthShaw, LLC, one of the provisions of the “stimulus” bill (also known as the American Recovery and Reinvestment Bill of 2009) is subsidised COBRA for people involuntarily terminated. Depending on what the final version is, employers will have to subsidise COBRA payments by either 50% …

Read moreStimulus = Free COBRA: Say What?????

Pin It on Pinterest