Wednesday, February 4, 2009

COBRA

Members have asked if they would have Insurance coverage should the contract be rejected by the membership?

Under Federal Law the company must offer all employees Insurance coverage under C.O.B.R.A. This law allows employees to continue Insurance coverage under the following guidelines:

Once an employee receives notice from the company of eligibility, they have 60 days to notify the company that they wish to continue coverage. Once notice is given, the employees has an additional 45 days to make payment. If medical services are used before payment is made to COBRA, you may have to pay out of pocket and be reimbursed.