ComplianceMnthlyRecap MH 5.16.22

The COBRA Payment Process

Posted by: Danielle Capilla    Aug 23, 2017 8:30:00 AM

Health Insurance Policy brochureThe 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. The COBRA payment process is subject to various rules in terms of grace periods, notification, premium payment methods, and treatment of insignificant shortfalls.

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Topics: health insurance premiums, COBRA, group health insurance, Consolidated Omnibus Budget Reconciliation Act, qualified beneficiary