Continuation Coverage under COBRA Sample Clauses
The Continuation Coverage under COBRA clause outlines an employee's right to continue their group health insurance coverage after experiencing a qualifying event, such as job loss or reduction in work hours. Under this provision, eligible individuals may elect to maintain their health benefits for a limited period, typically by paying the full premium plus a small administrative fee. This clause ensures that employees and their dependents do not abruptly lose health coverage due to changes in employment status, thereby providing a safety net during transitional periods.
Continuation Coverage under COBRA. Under certain provisions of COBRA, the Subscriber or his Covered Dependents may elect continued coverage under the Plan if coverage is lost due to a qualifying event.