Employers must notify plan administrators of a
qualifying event within 30 days after an employee's death, termination,
reduced hours of employment or entitlement to Medicare.
A qualified beneficiary must notify the plan administrator of a qualifying event within 60 days after divorce or legal separation or a child's ceasing to be covered as a dependent under plan rules.
Plan participants and beneficiaries generally must be sent an election notice not later than 14 days after the plan administrator receives notice that a qualifying event has occurred. The individual then has 60 days to decide whether to elect COBRA continuation coverage. The person has 45 days after electing coverage to pay the initial premium.
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"I taught school for many years and never really had to worry about insurance. I am now self-employed finding the right health insurance has been a big worry. I tried one insurance company but had to pay for everything up front, even office calls. I switched to BCBS and, though I have only used it one time, everything went very smoothly and I only had to pay the copay. Thank you BCBS and Healthquotes!!"
CP, Alamogordo, NM
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