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COBRA
COBRA (the Consolidated Omnibus Budget
Reconciliation Act) is a federal law enacted in 1986, requiring certain
employers to offer continuation of health, dental and vision insurance
for employees and qualified dependents for a specified length of time.
If your employment is terminated for any reason, except for gross
misconduct, you are entitled to continue your health, dental, and/or
vision coverage through COBRA for 18 months (29 months if you meet the
eligibility requirements for disability).
If your qualified dependent becomes ineligible for coverage under the
State’s plan (divorce, dependent child losing eligibility), they are
entitled to COBRA for 36 months. As the employee, you will need to
notify the Benefits Department within 31 days of the dependent losing
eligibility in order for COBRA to be offered.
Upon termination or if eligible for COBRA, People First will send the
information necessary for enrolling in the COBRA coverage. People First
is responsible for processing enrollments and payments. The cost to
continue coverage is the total premium (no employer contributions) plus
a 2% administrative fee.
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2009
Medical Costs |
HMO
& PPO Standard Plans |
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COBRA
Participant—Individual Coverage |
TBA |
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COBRA
Participant—Family Coverage |
TBA |
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