Top 10 COBRA Insurance SAQs

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COBRAhealth.com When I get divorced and my spouse drops me from the group health plan? You have to notify the health plan administrator within 60 days of a divorce or legal separation to continue under COBRA. What do I do when my former company does not offer me COBRA? The health plan administrator has 14 days to send you the denial letter. If you qualify, they have 44 days to send you the enrollment paperwork. If they don't, send them a demand letter. Then you can complain to the DOL and IRS. My employer has less than 20 employees. Do they have to offer me COBRA? Only AL, AK & DE do not have a COBRA like statute. Unless you live in those states, you most likely are owed a COBRA notice by the group health plan administrator or insurance company. If my employer goes bankrupt, what will happen to my COBRA rights? The BK is not really the issue, except in how it effects the health plan. If the group insurance ends, COBRA ends. My employer rejected my request for COBRA. What should I do now? The employer has to send you a rejection notice within 14 days including why you were denied, and you have the right to appeal.fired for gross misconduct. Will my employer reject COBRA for me? The employer may reject you for COBRA continuation as well as for unemployment benefits. You have a right to appeal. Who do I contact to get COBRA? Communication should go to the health plan administrator. If they are not responsive, you can contact the health insurer or employer. The employer is responsible for misdeeds by the administrator. Can I still get the COBRA Subsidy? The COBRA Subsidy ended for people losing benefits ending 5/31/2010, but you may still qualify for the Health Coverage Tax Credit (HCTC). Who does not have to offer me COBRA? Small employer plans (under 20 full time employees). The Federal government's group health plan. Church plans (including school employees). If I have pre existing conditions, should I wait until I get into another group plan? It depends how long you have to wait and what level of care you need. If you have to wait over 62 days until your new insurance starts, enroll in COBRA.

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  • I listed 10, but there are actually many 'should ask' questions about COBRA health insurance. Pay attention to policy details, what's covered and what's not!
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  • This template can be used as a starter file for presenting training materials in a group setting.SectionsRight-click on a slide to add sections. Sections can help to organize your slides or facilitate collaboration between multiple authors.NotesUse the Notes section for delivery notes or to provide additional details for the audience. View these notes in Presentation View during your presentation. Keep in mind the font size (important for accessibility, visibility, videotaping, and online production)Coordinated colors Pay particular attention to the graphs, charts, and text boxes.Consider that attendees will print in black and white or grayscale. Run a test print to make sure your colors work when printed in pure black and white and grayscale.Graphics, tables, and graphsKeep it simple: If possible, use consistent, non-distracting styles and colors.Label all graphs and tables.
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  • Give a brief overview of the presentation. Describe the major focus of the presentation and why it is important.Introduce each of the major topics.To provide a road map for the audience, you can repeat this Overview slide throughout the presentation, highlighting the particular topic you will discuss next.
  • Use a section header for each of the topics, so there is a clear transition to the audience.
  • Give a brief overview of the presentation. Describe the major focus of the presentation and why it is important.Introduce each of the major topics.To provide a road map for the audience, you can repeat this Overview slide throughout the presentation, highlighting the particular topic you will discuss next.
  • Use a section header for each of the topics, so there is a clear transition to the audience.
  • Give a brief overview of the presentation. Describe the major focus of the presentation and why it is important.Introduce each of the major topics.To provide a road map for the audience, you can repeat this Overview slide throughout the presentation, highlighting the particular topic you will discuss next.
  • Use a section header for each of the topics, so there is a clear transition to the audience.
  • Give a brief overview of the presentation. Describe the major focus of the presentation and why it is important.Introduce each of the major topics.To provide a road map for the audience, you can repeat this Overview slide throughout the presentation, highlighting the particular topic you will discuss next.
  • Use a section header for each of the topics, so there is a clear transition to the audience.
  • Add slides to each topic section as necessary, including slides with tables, graphs, and images. See next section for sampletable, graph, image, and video layouts.
  • Use a section header for each of the topics, so there is a clear transition to the audience.
  • This template can be used as a starter file for presenting training materials in a group setting.SectionsRight-click on a slide to add sections. Sections can help to organize your slides or facilitate collaboration between multiple authors.NotesUse the Notes section for delivery notes or to provide additional details for the audience. View these notes in Presentation View during your presentation. Keep in mind the font size (important for accessibility, visibility, videotaping, and online production)Coordinated colors Pay particular attention to the graphs, charts, and text boxes.Consider that attendees will print in black and white or grayscale. Run a test print to make sure your colors work when printed in pure black and white and grayscale.Graphics, tables, and graphsKeep it simple: If possible, use consistent, non-distracting styles and colors.Label all graphs and tables.
  • Top 10 COBRA Insurance SAQs

    1. 1. Top 10 COBRA InsuranceShould Ask Questions<br />by<br />Craig Casey<br />COBRAhealth.com<br />
    2. 2. #1 COBRA SAQ <br />QUESTION: What happens when I get divorced and my spouse drops me from the group health plan?<br />ANSWER: You have to notify the health plan administrator within 60 days of a divorce or legal separation to continue under COBRA. <br />COBRAhealth.com<br />
    3. 3. #2 COBRA SAQ <br />QUESTION: What do I do when my former company does not offer me COBRA?<br />ANSWER: The health plan administrator has 14 days to send you the denial letter. If you qualify, they have 44 days to send you the enrollment paperwork. If they don’t, send them a demand letter. Then you can complain to the DOL and IRS. <br />COBRAhealth.com<br />
    4. 4. #3 COBRA SAQ <br />QUESTION: My employer has less than 20 employees. Do they have to offer me COBRA?<br />ANSWER: Only AL, AK & DE do not have a COBRA like statute. Unless you live in those states, you most likely are owed a COBRA notice by the group health plan administrator or insurance company.<br />COBRAhealth.com<br />
    5. 5. #4 COBRA SAQ <br />QUESTION: If my employer goes bankrupt, what will happen to my COBRA rights?<br />ANSWER: The BK is not really the issue, except in how it effects the health plan. If the group insurance ends, COBRA ends. <br />COBRAhealth.com<br />
    6. 6. #5 COBRA SAQ <br />QUESTION: My employer rejected my request for COBRA. What should I do now?<br />ANSWER: The employer has to send you a rejection notice within 14 days including why you were denied, and you have the right to appeal.<br />COBRAhealth.com<br />
    7. 7. #6 COBRA SAQ <br />QUESTION: I was fired for gross misconduct. Will my employer reject COBRA for me?<br />ANSWER: The employer may reject you for COBRA continuation as well as for unemployment benefits. You have a right to appeal.<br />COBRAhealth.com<br />
    8. 8. #7 COBRA SAQ <br />QUESTION: Who do I contact to get COBRA?<br />ANSWER: Communication should go to the health plan administrator. If they are not responsive, you can contact the health insurer or employer. The employer is responsible for misdeeds by the administrator.<br />COBRAhealth.com<br />
    9. 9. #8 COBRA SAQ <br />QUESTION: Can I still get the COBRA Subsidy?<br />ANSWER: The COBRA Subsidy ended for people losing benefits ending 5/31/2010, but you may still qualify for the Health Coverage Tax Credit (HCTC).<br />COBRAhealth.com<br />
    10. 10. #9 COBRA SAQ <br />QUESTION: Who does not have to offer me COBRA?<br />ANSWER:<br /><ul><li>Small employer plans (under 20 full time employees).
    11. 11. The Federal government's group health plan.
    12. 12. Church plans (including school employees).</li></ul>COBRAhealth.com<br />
    13. 13. #10 COBRA SAQ <br />QUESTION: If I have pre existing conditions, should I wait until I get into another group plan?<br />ANSWER: It depends how long you have to wait and what level of care you need. If you have to wait over 62 days until your new insurance starts, enroll in COBRA.<br />COBRAhealth.com<br />
    14. 14. If you are healthy:<br />If you have no chronic conditions, price multiple high deductible plans.<br />Shop many health carriers on COBRAhealth.com<br />COBRAhealth.com<br />
    15. 15. About Me<br />I was born and raised in Maryland and moved to California as a young man looking for gold. I got interested in finance when my dad would watch Wall Street Weekwith Luis Rukeyser. Money became a fascinating topic to me. <br />Now I am a dad, husband, blogger, wrestling coach, chef, gardener, and dishwasher. <br />COBRAhealth.com<br />
    16. 16. Connect with Me<br />Twitter.com/InsuranceCobra<br />Facebook.com/Cobrainsurance<br />Youtube.com/COBRAinsurance<br />Craig@COBRAhealth.com<br />COBRAhealth.com<br />

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