HR PEO Blog

COBRA

If you have experienced a change in your situation, commonly known as qualifying life event, you are eligible for a special enrollment period. This also applies to those who have COBRA coverage (Consolidated Omnibus Budget Reconciliation Act). COBRA coverage temporarily provides individuals with health insurance to those eligible. This is an extended coverage from your most recent employer in times of transitions.

Qualifying life events (QLE) can be broken down into three categories:

Thursday, 12 March 2009 18:00

DOL COBRA Subsidy Model Notices Due This Week

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The Sectretary of Labor must release model notices for the subsidized COBRA program no later than thirty (30) days after the date of enactment (2/17/09) of the American Recovery and Reinvestment Act of 2009. This week will culminate the 30 days, therefore the model notification should be released by the 19th of March. As a reminder, employers have sixty (60) days from enactment of the Stimulus bill to send out updated notices to any assistance eligible individuals.

StaffScapes will release additional information once we have had time to review the model notices being released from DOL this week. 

Wednesday, 18 March 2009 18:00

COBRA Model Notices Released

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 The US DOL has released, on their website, the model notices for COBRA subsidy.

The Department of Labor has just released their model notices for the COBRA subsidy available under the American Recovery and Reinvestment Act (ARRA). There are two formats of the General Notice, one full and the other abbreviated. Also drafted by the DOL and on their webpage are an alternative notice for insurance issuers and a notice in connection with the extended election period. A link to the DOL's website with the model notices is listed below.  Staffscapes will have more information about the COBRA subsidy notices after we have had time to review the models issued by the DOL.