COBRA (26 U.S.C. §4980B(f))

• This statute requires that plan administrators notify employees or their beneficiaries within 14 days of a qualifying event of their option to continue their group health insurance at their own expense.

• A qualifying event can be:

• the employee's death;
• the employee's termination for other than gross misconduct;
• a reduction in the employee's hours sufficient to cause a loss of coverage;
• the employee becoming entitled to Medicare;
• divorce or legal separation of the employee; or
• a dependent child losing that status under the plan.

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