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Re: Bankrupt employer drops insurance while on COBRA and PBGC pension

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Posted by Fred on July 13, 2010 at 13:18:53:

In Reply to: Bankrupt employer drops insurance while on COBRA and PBGC pension posted by Lee on July 10, 2010 at 12:09:45:

Lee:

This is a very specific question, and you would be best asking the health plan adminstrator.

Usually an employer whose ending their plan, also ends COBRA entitilment.

Fred

: I am receiving a pension from the Pension Benefit Guarantee Corporation (PBGC). I am also receiving the Health tax credit for my COBRA coverage. MY former bankrupt employer will soon end their health plan. Not long ago I read an article that stated that when COBRA coverage stops due to the elimination of the plan, for PBGC recipients they are entitled to receive a quote for coverage from state licensed health insurance provides without consideration of any preexisting conditions. I have not been able to find this article again, is this true and if it is what is the federal statute that provides for this?

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Subject: Re: Re: Bankrupt employer drops insurance while on COBRA and PBGC pension

Comments:
: Lee: : : This is a very specific question, and you would be best asking the health plan adminstrator. : : Usually an employer whose ending their plan, also ends COBRA entitilment. : : Fred : : : I am receiving a pension from the Pension Benefit Guarantee Corporation (PBGC). I am also receiving the Health tax credit for my COBRA coverage. MY former bankrupt employer will soon end their health plan. Not long ago I read an article that stated that when COBRA coverage stops due to the elimination of the plan, for PBGC recipients they are entitled to receive a quote for coverage from state licensed health insurance provides without consideration of any preexisting conditions. I have not been able to find this article again, is this true and if it is what is the federal statute that provides for this? :

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