Facts About Cobra Insurance Rules
The federal authority came up with a rule and named it COBRA. The law indicated that employers of more than twenty employees to continue covering the health care benefits of workers who are not working or have reduced working time. The following are some facts about cobra insurance rules you should know about.
To give cobra benefits to the right individuals, you need to be equipped with a health plan for groups. Eligible people include employees, part time workers, spouses of workers, and retirees.
There are many benefits to be enjoyed by people who are covered by cobra. These benefits are dental plans, prescription drugs, and plans relating to hearing treatment and healthcare services and vision plans.
With cobra payments, workers are supposed to pay the full premium amount. It is imperative to time the payments appropriately.
Having this cover is essential since it will ensure you and your employees get the best health care services.