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The responsibility of reporting a layoff or termination is up to the employer. They have 14 days to do so. Eligibility for COBRA insurance extension is determined by a number of factors including the size of the employer, the circumstances of separation, and many other rules and regulations. It may be helpful to use the services of a consultation company to help you sort through the details.
The employee has 60 days to decide whether he or she wants to take advantage of COBRA benefits. If the former employee does elect to continue health insurance coverage, there is a 45 day period in which the first premium must be paid.
There are also specific regulations from the health insurance provider as to how and when claims for extended coverage are filed. The insurance company may deny benefits. You are allowed to appeal the denial within 60 days. Because the health insurance provider often carries numerous plan stipulations, you may want to obtain assistance when dealing with the company.
There are many rules, regulations, and stipulations that apply to COBRA insurance extension benefits but there are also resources available to make the process easier. Look into the options today and don't be left without health insurance.
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Posted : 13/11/2010 7:05 am
Re: Extension Insurance
Yes it is true that there are so many terms and conditions are applied when you take a insurance policy, but when you look at the benefits then you will think that there is a lot of bonus for you, and terms and conditions are just a formality.
Posted : 14/03/2011 10:01 am
Re: Extension Insurance
I have personal experience of extension insurance and it really saves your money if you request for extension.Other wise you need to have a fresh insurance with full charges apply.
Posted : 07/04/2011 8:47 am
Re: Extension Insurance
Getting an extension added to the house insurance secures the relevant planning permission, getting the builders in and paying for the work at the end of the day.
Posted : 15/04/2011 1:18 pm
Re: Extension Insurance
Great information. thanks for sharing.
Posted : 23/05/2011 7:37 am
Re: Extension Insurance
Requires the extension of insurance includes, but is not limited and the necessity to cover the liability which is based on home and work at someone you do in your home, its staff towards members of the public. For example, if someone you used to put the extension is an accident and was injured while working in your home, you could be liable and sued for damages.
Posted : 24/05/2011 9:37 am
Re: Extension Insurance
There are also specific regulations from the health insurance provider as to how and when claims for extended coverage are filed. The insurance company may deny benefits. You are allowed to appeal the denial within 60 days. Because the health insurance provider often carries numerous plan stipulations, you may want to obtain assistance when dealing with the company.
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Posted : 10/07/2011 1:11 pm
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