Download - Some Things Really Do Last Forever!
SOME THINGS REALLY DO
LAST FOREVER!There are times when life gives us trials and situations to deal with.
Life events can become di�cult and stressful, such as:
Moving Losing a job Divorce
This could even become the case when it comes to
COBRA and deductiblesOne situation that remains the same is that qualifiedbeneficiaries (QB) have the same rights as similarly
situated non-COBRA beneficiaries,
this includes being subject to the same
DEDUCTIBLESA deductible is defined as: a predetermined amount that must
be paid, usually within a defined time frame, by the plan participant before claims are paid by the insurer
Calculating the deductibles for people on COBRA is not as easy, but you don’t need to throw in the towel.
Employers need to be accurate in their calculations, keep documentation and be consistent in
their procedure.
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