Locate Your QELs in MyEnroll360
Did you know that when you process a COBRA or Continuation of Coverage qualifying event letter in MyEnroll360 it is available for download on the next business day?
Q.- A terminated employee declined our COBRA coverage because he quit for another job. He worked that new job for a week and then quit. He did not have health coverage at the new
Q.- A terminated employee declined our COBRA coverage because he quit for another job. He worked that new job for a week and then quit. He did not have health coverage at the new job before he quit and he now wants to enroll in our coverage. Do we have to let him?
A.- If his COBRA election period has not yet expired (60 days from the date of the qualifying event), he is permitted to revoke his waiver of coverage and elect your COBRA continuation coverage. His new election must be within the initial 60-day election period. The plan only has to provide coverage beginning on the date he revoked his waiver of coverage- not back to his loss of coverage date.
Benefit Allocation Systems (BAS) provides online solutions for: Employee Benefits Enrollment; COBRA; Flexible Spending Accounts (FSAs); Health Reimbursement Accounts (HRAs); Leave of Absence Premium Billing (LOA); Affordable Care Act Record Keeping, Compliance & IRS Reporting (ACA); Group Insurance Premium Billing; Property & Casualty Premium Billing; and Payroll Integration.
MyEnroll360 integrates with major insurance carriers for enrollment eligibility management (e.g., Blue Cross, Blue Shield, Aetna, United Health Care, Kaiser, CIGNA and others), and with leading payroll platforms for enrollment deduction management (e.g., Workday, ADP, Paylocity, PayCor, UKG, and others).
This article is for informational purposes only and is not intended as legal, tax, or benefits advice. Readers should not rely on this information for taking (or not taking) any action relating to employment, compliance, or benefits. Always consult with a qualified professional before making decisions based on this content.