Sentences with phrase «paying cobra»

That forced us into the high risk pool which is costing a fortune and I'm barely able to pay premiums which are much higher than what you would pay even if you paid your COBRA rate.

Even if your (former) employer pays your COBRA for a few months as part of a severance agreement, or your best friend's cousin's aunt is making that Blue Cross payment, it's still your responsibility to do so, and if you don't, your coverage is lost.

Although the deadline to pay your COBRA health insurance premium is a bad detail to forget, you aren't the first person to be late paying your COBRA premium.

You explain that you paid your COBRA premium late, but within the grace period, and that your COBRA health insurance has been reinstated with coverage retroactive to June 1.

Not exact matches

Those in good standing who decided to leave were entitled to at least three months» severance pay and to three months of COBRA healthcare reimbursement benefits.

Compare the rate you will pay your employer's insurance company through COBRA to other health insurance options to see which deal is best for you.

When COBRA bites, bite back If you lose your job, your one hope for health insurance is usually COBRA, the federally mandated program that allows you to keep your old job's health insurance for 18 months (if you pay for it).

Thankfully, the federal government will, in most cases, pay 65 percent of your COBRA bill for nine months if youre laid off this year.

If your doctor made you pay your costs in full, but you were really covered (either the system made a mistake or you were covered retroactively with COBRA), you can always have them run it through the insurance again later and refund you with the money they get.

The main focus of this question is on health insurance were I am afraid of paying thousands to continue under my employers plan (cobra) if I was to become a full time employee and then quit to chase my own dreams.

After that I will either have to pay for my own COBRA premiums or find a new plan on the market.

Also talk to human resources about pay owed such as vacation and accrued time, 401K rollover options, healthcare insurance COBRA options and more.

We guide clients through immigration policies and planning; HIPAA, COBRA and OSHA compliance and reviews; affirmative action, pay equity and diversity plans and policies; e-discovery planning and compliance; and legislative and regulatory assistance.

This is considered a qualified medical expense; you won't have to pay income taxes or the 20 % penalty on HSA withdrawals for COBRA premiums.

COBRA is a federal law that may let you pay to stay on your employee health insurance for a limited time after your job ends (usually 18 months).

In case you have lost your job, thus, your Southern California health insurance plan, you can apply to COBRA (Consolidated Omnibus Budget Reconciliation Act) which will temporarily continue your employer - sponsored plan paying the premiums which your workplace used to pay.

Health insurance is continual coverage as long as the plan premiums are paid, and it can be extended under COBRA rules for some time after you are no longer working for the company.

COBRA is expensive, in that it requires covered individuals to pay 100 % if the monthly premium.

Be aware, however, that a Special Enrollment Period is not triggered if you elect to discontinue your COBRA benefits or stop paying for them.

This means if you have COBRA coverage you don't have to pay the fee that people without coverage must pay.

However, you may be eligible to continue this coverage for 18 months through COBRA continuation coverage if you're willing to pay both your share of the premiums and the part of the premiums your employer had been paying.

The bad news is that COBRA coverage tends to be very expensive, as you will pay group rates without the employer's contribution.

You'll have to pay monthly premiums for your COBRA coverage, and it might cost a lot.

The consequences of being late paying for COBRA can range from a bit of a hassle to permanently losing your COBRA coverage.

So although your special enrollment period will give you the option of enrolling outside the exchange if you prefer, you can't get a subsidy to help pay for health insurance not purchased through your exchange (that includes COBRA; if you opt to keep your coverage via COBRA, you'll have to pay the full premium yourself).

There is no grace period if you're late paying your initial COBRA premium payment.

If you voluntarily canceled your COBRA coverage or you lost it because you didn't pay your premiums, you won't be eligible for a Marketplace special enrollment.

If you choose COBRA continuation coverage, you'll have to pay monthly premiums.

If you choose COBRA continuation coverage, you'll pay the full monthly premium for that coverage yourself.

When you choose COBRA, you're paying to continue coverage under the exact same employer - sponsored health insurance plan you already have.

Your Initial COBRA premium must be paid within 45 days of the time you elect COBRA coverage.

With COBRA, your spouse's employer is no longer paying part of your health insurance premium each month.

For example, if you lose coverage on May 1 and mail your COBRA election form on June 15, your initial premium must be paid within 45 days of June 15.

But, although many people know that COBRA is expensive, few realize the cost of paying full premiums and administrative fees for this insurance solution.

To pay for COBRA for another 14 months is next to impossible.

Hosted lunch and learn seminars on the benefits of outsourcing payroll, HRIS, time tracking, FSA's, HRA's, HAS's in addition to COBRA management and workers compensation pay as you go programs and solutions.

COBRA and unemployment benefits are taxable, as well — Regardless of whether an employee resigned or was terminated, sometimes former employers pay health premiums or reimburse their former employees» insurance premiums for a period of time.

I know you are not an employment law specialist, but what advice can you offer an HR Manager who wants to help this employee get safely through treatment without having the added stress of paying for COBRA and finding a new job, thereby keeping my firm's name from potentially ending up in the news with some very bad PR?

For example, yesterday I received a long list of people's COBRA benefits to end since they haven't been paying.

Plus, you'd have to pay for COBRA or get other health insurance, which will run you a lot more than what you're paying now.

If you qualify for health insurance after your divorce under the federal COBRA law, you will be entitled to get 36 months of coverage by paying the group rate that your spouse's employer pays.