insurance






 

Question by  Wakee (28)

What can you tell me about the Cobra termination notification?

 
+7

Answer by  Kurt (4579)

When an employee is terminated, the company's insurance plan is required to send them notification that they can sign up for COBRA, the self insurance option. The employee will receive the notification with information about the costs. The employee has a certain amount of time to sign up for COBRA.

 
+6

Answer by  Milette (1105)

This notification limits the circumstances under which coverage may be denied for pre-existing medical conditions for all insurance purposes whether it is individual or group scheme insurance.

 
+6

Answer by  tamarawilhite (17883)

A Cobra termination notification is a warning as to when the COBRA health care plan you are under will no longer cover you. They may include information on how to buy insurance through them out of pocket.

 
+4

Answer by  MarkWatrous (729)

This notice means that the health plan that you were covered under has terminated your coverage under COBRA. You no longer have benefits provided by your former employer.

 
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