Common use of Extended Medical Benefits Clause in Contracts

Extended Medical Benefits. Employees subject to voluntary severance will receive GHC-paid medical severance coverage for a period of one (1) year, beginning the first of the month following the employee’s Group Health employment termination date. In order to be eligible for the medical severance benefit, the employee must complete the COBRA Election Form and return it to the COBRA Administrator. If the employee does not complete the COBRA Election form and postmark it to the COBRA Administrator within sixty (60) days of the date of the COBRA offer, the employee will lose the right to elect COBRA medical severance. This one (1) year of GHC-paid medical coverage comprises the first one (1) year of COBRA eligibility.

Appears in 2 contracts

Samples: Agreement, Agreement

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Extended Medical Benefits. Employees subject to voluntary involuntary severance will receive GHC-paid medical severance coverage for a period of one three (13) yearmonths, beginning the first of the month following the employee’s Group Health employment termination date. In order to be eligible for the medical severance benefit, the employee must complete the COBRA Election Form and return it to the COBRA Administrator. If the employee does not complete the COBRA Election form and postmark it to the COBRA Administrator within sixty (60) days of the date of the COBRA offer, the employee will lose the right to elect COBRA medical severance. This one (1) year of GHC-paid medical coverage comprises the first one three (13) year months of COBRA eligibility.

Appears in 2 contracts

Samples: Agreement, Agreement

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