We are not COBRA. For specific contract details about your current company policy, contact your health plan administrator.
Re: Cobra Treatment of a Satisfied Out of Pocket Limit
In Reply to: Cobra Treatment of a Satisfied Out of Pocket Limit posted by Diane Guest on September 13, 2005 at 12:44:28:
If a company changes insurance plans it applies to employees as well as those on cobra. sorry
: My husband and I went on his company's Cobra Plan on July 1 after his employment terminated on June 1. My husband had already satisfied his $2000 calendar year deductible in April.
: On August 1, his company sold all of their Florid locations and sent us a letter stting our Cobra Coverage was being transferred (if we elected to do so) to a new Plan. The letter assured us that our "level of coverage" would remain the same.
: I have recently learned that the new Plan has an Out of Pocket Limit of $4800. I asked the HR person if they were going to mark ouurs as "satisfied" because otherwise, our "level of benefit" will be reduced to 60-80 %, rather than 100%. She responded that this is a new Plan and they were not going to do anything ith the Out of Pocket.
: I believe we should be "grandfthered" under the old Plan or at least have our satisfied Out of Pocket Limit transferred to the new Plan.
: What are our legal rights under Cobra?
: Can an employer change our Cobr Coverage after it was effective because they sold their Florida locations.