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Rebecca k smoot |
By law does employer have to keep health ins.onworkerafter gon?
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by law when employee quits or gets fired does the company have to keep health insurance on them for a short amount of time?
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Heather V
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No. Once you no longer work there you are not entilted to any of their benefits. If your company offers COBRA you have the option of being covered only if you pay for it, and it only last for around 60 days
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Judy
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No, but they might be required to offer you COBRA coverage. That would be at your own expense, though.
Your coverage in many jobs would continue to the end of the month when you left, since that's already paid for.
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feanor
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In the US, they are not required to pay for it but the employee is allowed to continue coverage upto 18 months paying the company rate.
It's called COBRA.
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michr
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.NO.............
but the employee may be elgible for COBRA
Question: Who is entitled to benefits under COBRA?
Answer: There are three elements to qualifying for COBRA benefits. COBRA establishes specific criteria for plans, qualified beneficiaries, and qualifying events:
Plan Coverage
Group health plans for employers with 20 or more employees on more than 50 percent of its typical business days in the previous calendar year are subject to COBRA. Both full and part-time employees are counted to determine whether a plan is subject to COBRA. Each part-time employee counts as a fraction of an employee, with the fraction equal to the number of hours that the part-time employee worked divided by the hours an employee must work to be considered full-time.
Qualified Beneficiaries
A qualified beneficiary generally is an individual covered by a group health plan on the day before a qualifying event who is either an employee, the employee's spouse, or an employee's dependent child. In certain cases, a retired employee, the retired employee's spouse, and the retired employee's dependent children may be qualified beneficiaries. In addition, any child born to or placed for adoption with a covered employee during the period of COBRA coverage is considered a qualified beneficiary. Agents, independent contractors, and directors who participate in the group health plan may also be qualified beneficiaries.
Qualifying Events
"Qualifying events" are certain events that would cause an individual to lose health coverage. The type of qualifying event will determine who the qualified beneficiaries are and the amount of time that a plan must offer the health coverage to them under COBRA. A plan, at its discretion, may provide longer periods of continuation coverage.
Qualifying Events for Employees
Voluntary or involuntary termination of employment for reasons other than gross misconduct
Reduction in the number of hours of employment
Qualifying Events for Spouses
Voluntary or involuntary termination of the covered employee's employment for any reason other than gross misconduct
Reduction in the hours worked by the covered employee
Covered employee's becoming entitled to Medicare
Divorce or legal separation of the covered employee
Death of the covered employee
Qualifying Events for Dependent Children (same as for spouses with one addition)
Loss of dependent child status under the plan rules
the premiums for coverage can be as much as 102% of the companies premium and may have to be paid 3 to 6 months in advance based on the companies plan.
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