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Does COBRA Require The Plan To Offer Dependant-only Insurance? |
If I review the law right, the decision to take COBRA is made on a per-beneficiary basis, so even if the employer does not tender dependant-only insurance, you can choose to insure only the dependant if you take COBRA.
Is that right, and if so, how do they even figure out how much you have to pay, since the company doesn't pay premiums that way?
| Answer: COBRA does not screen dependent only, it doesn't matter if the employer offers dependant only insurance. The primary policy holder has the resolution whether or not to take COBRA, which is what "per beneficiary" means. If you have a dependant that is unable to get health insurance because of a pre-existing equip YOU must stay on COBRA along with that dependant but you can take the rest of the family off. The premium will be 102% of the cost for that coverage while you were |
In the number two in a three-part special on group risk, Paul Avis of Canada Life Assemblage
I made a put on my household insurance with Key Connect, part of Axa. A loss management company contacted me to say I'd been awarded £9261 by my insurer and they were enclosing a Gemcheck Car-card for me to use at a network of jewellers.