Provides publications and other materials to assist employers and employee benefit plan practitioners in understanding and complying with the requirements of the Employee Retirement Income Security Act for the administration of retirement and health plans. Provides a detailed overview of the major provisions of COBRA. Health Benefits Under the Consolidated Omnibus Budget Reconciliation Act (COBRA) Provides answers to commonly asked questions about COBRA. Provides information on continuation health coverage opportunities.įrequently Asked Questions: COBRA Continuation Health Coverage It also requires employers and plans to provide notice. Qualified individuals may be required to pay the entire premium for coverage up to 102% of the cost to the plan.ĬOBRA generally requires that group health plans sponsored by employers with 20 or more employees in the prior year offer employees and their families the opportunity for a temporary extension of health coverage (called continuation coverage) in certain instances where coverage under the plan would otherwise end.ĬOBRA outlines how employees and family members may elect continuation coverage. The Consolidated Omnibus Budget Reconciliation Act (COBRA) gives workers and their families who lose their health benefits the right to choose to continue group health benefits provided by their group health plan for limited periods of time under certain circumstances such as voluntary or involuntary job loss, reduction in the hours worked, transition between jobs, death, divorce, and other life events.
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Occupational Safety and Health Administration (OSHA).Mine Safety and Health Administration (MSHA).Employment and Training Administration (ETA).Employees' Compensation Appeals Board (ECAB).Employee Benefits Security Administration (EBSA).Bureau of International Labor Affairs (ILAB).The employee is responsible for making timely payments. You will receive paperwork in the mail that must be filled out and sent back within a certain time frame, including your first premium payment, in order to continue coverage.ĬOBRA can be continued for a period of eighteen months, and these elections are direct billed to the employee. If you are leaving the university, you will be contacted by the university's direct bill and COBRA administrator with information on options to continue health coverage. An employee leaving the university can continue their health insurance for up to 18 months at the COBRA rates ( see below). The Consolidated Omnibus Budget Reconciliation Act (COBRA) was created to give employees and their families the choice to continue health insurance with their employer's group health plan for a limited period of time. Employee Resources Employee Resources Dropdown Toggle.Expand Employee Resources Submenu Employee Resources.The University of Louisville Policy Statement as a Drug-Free Institution.Employee Relations Employee Relations Dropdown Toggle.
Kentucky Unemployment Fraud Information.Expand Employee Relations Submenu Employee Relations.Compensation Compensation Dropdown Toggle.Expand Compensation Submenu Compensation.
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