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9.1.1 Consolidated Omnibus Budget Reconciliation Act (COBRA) |
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Louisiana Statewide Transition Project and Louisiana: Healthy and Ready to Work Fact Sheet Series |
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6/25/99 |
I. WHY IS THIS IMPORTANT?
Many young adults and their families wonder
what will happen to private health insurance coverage if the person holding the
policy changes or loses his/her job? Provisions of the Consolidated Omnibus
Budget Reconciliation Act (COBRA) allow most employees (or covered dependents)
the right to continue their group health care coverage at their own expense.
When faced with changing private insurance coverage, it is important to know
about COBRA and how it may affect the family.
II. KEY POINTS
COBRA contains provisions giving certain
former employees, retirees, their spouses, and their dependent children the
right to temporary continuation of health coverage at group rates. The law
generally covers group health plans maintained by employers with 20 or more employees
in the prior year. It applies to plans in the private sector, as well as those
sponsored by state and local governments. The law does not, however, apply to
plans sponsored by the Federal government and certain church- related
organizations (CIC, 1994).
In 1985, Congress passed COBRA, which allows
employees (or their covered dependents) who have experienced a "qualifying
event" the right to continue their group health care coverage for up to 36
months. Qualifying events include:
·
termination of employment
(for reasons other than "gross misconduct");
·
reduction in work hours
(which makes the employee ineligible for benefits);
Once a young adult becomes too old to
continue as a "dependent" under the policyholder's plan, it is the
responsibility of the young adult or parent to notify the COBRA administrator
of their ineligibility within sixty (60) days. If the administrator is not
notified within this time frame, continuation of coverage does not have to be
offered. Employers have the right to charge the COBRA participant 102% of their
group premium costs for continued coverage. The additional two (2%) percent is
to cover administration costs.
When the policyholder or one of his/her
covered dependents has a disability, the timelines for COBRA change a little.
If the policyholder (or any of his/her covered dependents) has a disability at
the time of the "qualifying event" or acquires one within the first
sixty (60) days of COBRA, they must be offered an eleven (11) month extension.
In order to qualify for this extension, continuation the policyholder must
provide written documentation from the Social Security Administration within eighteen
(18) months. During this eleven (11) month extension, the employer may
charge up to a fifty (50%) percent administration fee and must allow all
individuals on the plan to continue (CIS, 1999).
III. ROLES/NEXT STEPS
Students/Young Adults:
Young adults should know what options are
available to them regarding continued health insurance coverage. If they are
currently covered under a parent's plan, they should find out how long they
will be able to remain covered by this plan. These and other health insurance
issues should be discussed when planning for the transition to adulthood.
Young adults should be careful about changing
policies. A new policy may have waiting periods and pre-existing condition
exclusions that could leave them without coverage. If a change in policy is
necessary, young adults should know about COBRA and how it may impact their
coverage.
Families:
Families should find out how long their
son/daughter may continue to be covered under their insurance policy. They
should investigate how laws such as the Consolidated Omnibus Budget
Reconciliation Act (COBRA) may impact them.
Families should help their son/daughter
investigate the options available for health insurance. By discussing the pros
and cons of each option, families can help young adults make informed choices.
Families should be sure to discuss issues relating to health insurance at
meetings during which the transition to adulthood is discussed.
Agencies:
Local Education Agencies (LEAs) can help
young adults learn about various forms of health insurance in general, and
COBRA in particular, by including this topic in courses such as Consumer
Science or Consumer Economics (formerly Home Economics).
It may be helpful to invite the family's
insurance representative to the Individualized Education Program (IEP) meeting
at which the transition to adulthood is discussed. By providing information on
what coverage is available to the young adult through the family's existing
plan, as well as other available options, the representative can help young
adults plan for their insurance needs.
IV. RESOURCES/CONTACTS
Pension & Welfare Benefits Administration
U.S. Department of Labor
200 Constitution Avenue N.W.
Room N-5625
Washington, D.C. 02010
Telephone (202) 219-8776
(To order publications) 1-800-998-7542
Customer Service 816-426-5131
Website: http://www.hcfa.gov
V. REFERENCES
Consumer Information Center (CIC) (1994). Health
Benefits Under (COBRA) - The Consolidated Omnibus Budget Reconciliation Act.
Pueblo, CO: Consumer Information Center. [available via Internet at
http://www.pueblo.gsa.gov/cic_text/employ/cobra/cobra.txt]
COBRA Solutions, Inc. (CSI) (1999). The
COBRA Legislation. Tempe, AZ: COBRA Solutions, Inc. [available via Internet
at http://www.cobra-solutions.com/regulations/cobra_hi.htm]