Inforce coverage whose provisions have been significantly modified without evidence of insurability. These modifications may include internal replacements, policy exchanges, term conversions, re-entries, and contractually permitted increases. Reinsurance on these policies stays with the original reinsurer unless otherwise agreed.
Allows terminated employees to continue their group health insurance coverage under certain conditions.
The right to continue health insurance after no longer eligible for coverage under a group plan if meeting certain conditions. Referred to as COBRA continuation for group of 20 or more employees. State continuation plans for smaller groups apply in some states.
Allows eligible person(s) to continue their insurance coverage beyond the coverage termination date for reasons such as loss of eligibility, death of the insured member or when the insured member is no longer insured under the policy. A continuation application typically must be submitted within a specified timeframe.
Allows terminated employees, under certain conditions, to continue their group health insurance coverage after terminating employment with an employer.
When a former plan member has lost eligibility because of a qualifying event (as defined by law), coverage identical to that currently being provided to "similarly situated" active employees must be continued without a lapse if requested by the member. To illustrate, a member, who had Plan A previously, would continue to have the benefits of Plan A as a COBRA member. Examples of qualifying events include: termination of the subscribing member's employment, divorce or legal separation from the subscribing member, loss of eligibility of the subscribing member's dependent child, death of the subscribing member.
This lets employees that have been terminated continue holding their health insurance policies as long as they fulfill certain conditions.
The right of employees under COBRA to remain on their employer's group health insurance policy after termination, usually for up to a year and a half.
State or federal (COBRA) option for a member who no longer qualifies as an active employee but can extend his or her insurance coverage for a specific amount of time. The member is responsible for any premium. This generally applies to medical coverage only, but can include dental depending on legislation and group size. Coverage and premium are the same as the group's.
A program whereby employees and their dependents who lose coverage because of termination of employment, death, divorce, or other life events may be able to continue the coverage under the employer's group health plan for themselves and their families for limited periods of time.
A situation where a Member who would otherwise lose health insurance coverage due to termination of employment or loss of eligibility is allowed to continue coverage, under the group's policy, for a limited period of time under specified conditions.
Allows employees to continue their group health coverage under certain conditions. (See COBRA.)