Examples of COBRA Coverage in a sentence
The Company will not be required to pay any portion of a participant›s COBRA coverage.
Should the district’s group health insurance carrier require an end to coverage on the last day of the month the school year ends, the district will continue to pay its portion of the health insurance premium for a former employee as a COBRA coverage through September 30.
Consistent with the Federal Consolidated Omnibus Budget Reconciliation Act of 1986 (COBRA), any employee who is covered by District-offered health insurance and who dies while employed, whether in paid or unpaid status, their surviving dependents shall be allowed to retain their dependents’ coverage, provided that the dependents elect COBRA coverage and pay their applicable premiums by the due date.
COBRA coverage will be extended on the same basis as is currently available to employees, opposite sex spouses and dependents.
In addition, the Board will pay to Xx. Xxxxxxxxx four months’ worth of COBRA coverage, in the amount of $9,440, such payment to be made to Xx. Xxxxxxxxx on or before September 15, 2022, with Xx. Xxxxxxxxx having the responsibility for making payments to any and all applicable insurance providers for such coverage.