Purpose
The purpose of this policy is to establish the University’s compliance with the Consolidated Reconciliation Omnibus Budget Act.
Policy
The University complies with the Consolidated Reconciliation Omnibus Budget Act (COBRA). The law insures that employees are given an opportunity to continue medical and dental insurance coverage under group plans when certain qualifying events occur. The employee (or eligible dependent) is responsible for the entire premium cost. The qualifying events are termination of employment for any reason except gross misconduct; loss of eligibility due to reduction in work hours; death of employee; divorce or legal separation; or a dependent child ceasing to be dependent because of age or loss of full-time student status. Employees should consult with Employee Services for further details regarding their rights and obligations.
Definitions
Not Applicable.
Procedures/Guidelines
Not Applicable.
To learn more about this policy or the supporting procedures, please contact Employee Services