COBRA Health plan Advice for Individuals and Small Businesses |
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Re: Re: COBRA when a company ends it's health plan
In Reply to: Re: COBRA when a company ends it's health plan posted by jim on October 12, 2009 at 19:00:22:
: : What COBRA obligations if any does a company have if it discontinues providing a health insurance benefit? The company has more than 20 employees.
: From what I hear, none. If your former employer goes out of business or doesn't pay its group premiums you are SOL.
The employer has to continue to offer the same or equivalent group coverage to it's COBRA participants as it does to it's active employees. If the active employees aren't offered coverage, the COBRA participants will not have the option either.