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COBRA terms you should knowCore coverage Non vision and dental benefits Covered employee Can also include the self-employed, agents & independent contractors Small employer plan Fewer than 20 total employees Plan administrator Person or sponsor designated by plan documents Premium determination A preset 12-month period Qualifying event Employees death or termination, reduction in hours, divorce or legal separation, or entitlement to Medicare Qualified beneficiary An covered employee, spouse or dependent Medicare entitlement When someone 65 (or under 65, disabled or with renal disease) signs up for SSI benefits, they qualify for Medicare |
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