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Among the "qualifying events" listed in the statute are loss of benefits coverage due to (1) the death of the covered employee; (2) an employee loses eligibility for coverage due to voluntary or involuntary termination or a reduction in hours as a result of resignation, discharge (except for "gross misconduct" [4] [5]), layoff, strike or ...
COBRA insurance coverage is a common phrase, but most people aren't fully aware of what COBRA is, what it costs, and whether or not it's really beneficial to an unemployed worker. Lucky for you ...
Once you apply and qualify for a life insurance policy, you’ll choose the type of life insurance you want, the amount of coverage you need, and the length of the policy (if choosing a term ...
Most employees who lose their jobs can keep coverage for up. The cornerstone American Recovery and Reinvestment Act, signed into law in February, contained a key provision to help the newly ...
The Equal Access to COBRA Act was a bill which would amend the Internal Revenue Code, the Employee Retirement Income Security Act of 1974, and the Public Health Service Act to extend COBRA health insurance coverage to qualified beneficiaries, defined to include domestic partners.
Accordingly, a $500,000 policy costs $30 per month. [4] Notably unlike many other life insurance policies, the SGLI does not have a war clause exclusion which otherwise precludes benefits if death results from combat. Veterans' Group Life Insurance (VGLI) is a similar product available to veterans.
If you're soon to be retired and aren't yet eligible for Medicare, you may be in the market for a new health insurance plan and thinking about taking a look at getting health insurance with COBRA.
COBRA, the federal program that allows people who have lost their jobs to continue paying for their former employer's healthcare plan, is free through Sept. 30. COBRA is free for six months under ...