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You elected COBRA coverage and want to know how many days you have to pay the initial premium.?
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∙ 14y ago
30 days.
Wiki User
∙ 14y ago
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Does an employer have to reinstate group coverage through COBRA before the initial premium is received from the employee?
I believe the answer to that is no, although once the payment is made, there is an exta amount that can be paid to cover the time in between the termination of employment, and the beginnign of COBRA coverage.
Does the employer pays the premium for the COBRA coverage?
No, when Cobra goes into effect, the (former) employee pays the entire portion of the premium. Although possibly very expensive, the coverage is guaranteed and possibly at better rates than going out to buy individual coverage since it is a group plan.
How can you continue getting insurance coverage for the pre-existing condition of terminal cancer after a divorce if the policy is in your husband's name?
the first way to do this is to obtain COBRA coverage. When your divorce became final, your ex-spouse was able to drop your coverage. Federal law is that all insureds can continue coverage with COBRA. Your insurance company or ex-spouse's employer should have sent you paperwork explaining what your rights are. But be aware, with COBRA, you are paying the full premium for the continued coverage.
Is COBRA health coverage a law?
Yes, COBRA (Consolidated Omnibus Budget Reconciliation Act) is a law that provides certain employees and their beneficiaries the right to continue their group health coverage at their own expense after experiencing a qualifying event, such as termination, reduction of work hours, or a life event like divorce or death of the employee.
What is cobra insurance coverage?
COBRA insurance is for people who had medical insurance under their job and then just lost their job. You have to opt into it if your job offers that ability. You have to pay a larger premium to use the insurance. Everything you need is on; http://www.dol.gov/dol/topic/health-plans/cobra.htm
What is the layer of atmosphereclosest to earth's surface?
COBRA insurance is a program that allows you to continue your health insurance coverage after you leave employment. It usually covers you and your family for up to 18 months and you are responsible for the entire premium.
When would you be able to get Cobra health insurance coverage?
The Cobra health insurance temporarily extends the coverage by your sponsor or employer. This implies that you can get it after a loss of a job or loss of benefits.
Can an employer cancel your health insurance without offering you a cobra plan in Texas?
Yes, there are several different circumstances where this could happen. If the employer has discontinued the plan entirely, then there is no COBRA coverage to be offered. If the company has fewer than 20 employees, the plan does not have to offer COBRA coverage. If the company is a church, it is not required to offer COBRA. Last, if you were fired from the job for gross misconduct, the employer does not have to offer you COBRA coverage.
Living in Ct - currently on cobra - is ex-wife responsible for paying half of children's current cobra premium?
What does your Judgement for Divorce say? when your COBRA expires
Does cobra insurance backdate to the day of your termination?
Most insurance provided by the employer continues through the month of separation. If you leave your job on March 7, your premium has probably been paid until April 1st. As to whether your COBRA coverage will backdate, you would need to contact the insurance company for their policy.
What is Cobra Health Insurance?
COBRA health insurance provides former employees of the company with health coverage. More information on Cobra Health Insurance can be found at the cobra government webpage.
What medical insurance options are there for children after the death of a working parent?
If the child and/or the estate has the funds to pay for the coverage the child can apply for individual coverage or take Cobra coverage. Even though the employee has passed any other family members on the plan at the time are eligible for Cobra coverage.
