ComplianceMnthlyRecap MH 5.16.22

Determining COBRA Premiums for Fully Insured and Self-Funded Health Plans

Posted by: Danielle Capilla    Aug 1, 2017 12:04:34 PM

application for health benefitsThe Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA) allows qualified beneficiaries who lose health benefits due to a qualifying event to continue group health benefits. While some group health plans may provide COBRA continuation coverage at a reduced rate or at no cost, most qualified beneficiaries must pay the full COBRA premium. The COBRA election notice should include information about COBRA premiums.

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Topics: health insurance premiums, COBRA, fully insured health plans, COBRA continuation coverage