some things really do last forever!

1

Click here to load reader

Upload: infinisource

Post on 19-Jun-2015

177 views

Category:

Healthcare


1 download

DESCRIPTION

There are times when life gives us trials and situations to deal with. Life events such as moving or losing a job can become difficult and stressful. Many feel that surrendering or throwing in the towel may be the answer, much like the lyrics in Dust in the Wind. This could even become the case when it comes to COBRA and deductibles. Full article here: http://newsroom.infinisource.com/some-things-really-do-last-forever/

TRANSCRIPT

Page 1: 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.

To read the rest of the article, click here.

copyright 2014