Your COBRA Benefits
Branchburg Township School District
Source: U.S. Department of Labor website
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 changing events. Qualified
individuals may be required to pay the entire premium for
coverage up to 102 percent of the cost to the plan.
COBRA 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.
COBRA outlines how employees and family members
may elect continuation coverage. It also requires employers and
plans to submit notice.
Visit
www.dol.gov
or your member
booklet for detailed
COBRA information.