Common use of Group Medical Benefits Coverage Clause in Contracts

Group Medical Benefits Coverage. You and your dependents may elect a temporary extension of group health plan coverage under the Consolidated Omnibus Budget Reconciliation Act of 1985, commonly known as “COBRA.” You will receive separate forms that describe your COBRA rights and give you and your dependents the opportunity to continue your health insurance coverage. Symetra will provide you an additional lump sum payment of $8,427 that you may use to purchase health insurance, either through continuation coverage under COBRA or other health insurance coverage of your choice.

Group Medical Benefits Coverage. You and your dependents may elect a temporary extension of group health plan coverage under the Consolidated Omnibus Budget Reconciliation Act of 1985, commonly known as “COBRA.” You will receive separate forms that describe your COBRA rights and give you and your dependents the opportunity to continue your health insurance coverage. Symetra will provide Provided you an additional lump sum payment of $8,427 that you may use timely and properly elect to purchase health insurance, either through continuation coverage under COBRA or other continue your health insurance coverage through COBRA and remain eligible for such coverage, Symetra will pay the employer COBRA premiums for six months for you and any covered dependents who were covered under your group medical benefits plan as of your choiceSeparation Date.

Group Medical Benefits Coverage. You and your dependents may elect a temporary extension of group health plan coverage under the Consolidated Omnibus Budget Reconciliation Act of 1985, commonly known as “COBRA.” You will receive separate forms that describe your COBRA rights and give you and your dependents the opportunity to continue your health insurance coverage. Symetra will provide you an additional a lump sum payment of six thousand three hundred and ninety dollars ($8,427 that you may use 6,585) less applicable tax withholdings and deductions, after the Effective Date of this Agreement. This amount is equal to purchase health insurance, either through continuation coverage under COBRA or other health insurance coverage 6 months times Xxxxxxx’s share of your choicecurrent premium under the Company medical plan.

Group Medical Benefits Coverage. You and your dependents may elect a temporary extension of group health plan coverage under the Consolidated Omnibus Budget Reconciliation Act of 1985, commonly known as “COBRA.” You will receive separate forms that describe your COBRA rights and give you and your dependents the opportunity to continue your health insurance coverage. Symetra will provide you an additional lump sum payment of $8,427 5,437 that you may use to purchase health insurance, either through continuation coverage under COBRA or other health insurance coverage of your choice.

Group Medical Benefits Coverage. You and your dependents may elect a temporary extension of group health plan coverage under the Consolidated Omnibus Budget Reconciliation Act of 1985, commonly known as “COBRA.” You will receive separate forms that describe your COBRA rights and give you and your dependents the opportunity to continue your health insurance coverage. Symetra will provide Provided you an additional lump sum payment of $8,427 that you may use timely and properly elect to purchase health insurance, either through continuation coverage under COBRA or other continue your health insurance coverage through COBRA and remain eligible for such coverage, Symetra will pay the employer COBRA premiums for six (6) months for you and any covered dependents who were covered under your group medical benefits plan as of your choiceSeparation Date.