In order for plan administrators to protect themselves and the plan's assets, a real understanding of the COBRA-required qualifying event is needed. (Photo: Shutterstock)
The Consolidated Omnibus Reconciliation Act (COBRA) requires employers to offer continuation coverage to qualified beneficiaries who lose group health plan coverage as a result of certain events.
For the most part, administration of COBRA continuation coverage can appear relatively simple. For instance, administering COBRA continuation coverage for a terminated employee or a dependent that reaches age 26 doesn't typically require additional considerations. Unfortunately, things are not always so cut and dry.
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