The regulations are based primarily on the 1987 proposed regulations addressing COBRA continuation coverage requirements in general, as well as on the 1998 proposed regulations, which covered COBRA compliance issues after the Health Insurance Portability and Accountability Act of 1996 (HIPAA). The proposed regulations in this document supplement final regulations being published elsewhere in this issue of the Federal Register. H���r�����xG eb�X��rlW�)�9yrh0�1)qDQ��}��XlǮT\�b����[��^_���W���)�6�;h\��և��W��}�`{��zC��d���ȣ+�ªȜ��߯�,����'���Y��4��ͧ�y�nӢ�����O���9aT��"6+�S4,6��.�q�]�$w�k�2�UZ��! Employers are free to design their group health plans as they wish for COBRA purposes. (iii) The one employee that P does not hire and the family members of that employee are also M&A qualified beneficiaries with respect to the sale. �MǾm�k'�*��5?F�Ũ9Q@}��7]"�s��Π簀/� �y��:�LW�o��^�� 0�,t�@w���20��w�E�;�p8*�<76�r6r1d�%��� NM�|�mB�q)�@J(��D�\oě�םDQ_�M]�hZ�@�X��R�YM �T#���A�����ިݶ�������Եth@�N5a�p���˙�[jϵ����T#�g��m��H��8����N����WoRn�������Al�#�ݲ�X�uEyAY���ȹ�uyJ[�|8��h�ݓ;e���P���@� Background—COBRA’s Place in the Code § 4980H Scheme. << 0000001239 00000 n `n`h`i`m�`�`�`�` r9�48@XH In the meantime, we’ve broken … The plan does not make COBRA continuation coverage available when an employee retires (and is not required to because the retired employee has not lost coverage under the plan). ]��|J��O��;��E`x�o������)�"~��Y��%\��s��n4l:l�4\�a��lՠ�{v�]HWe� ;���Ԯ[�^M�%~Q@�?�,�Κj�S��i�"!�kk�=IW-��*E���?���2-r��� The final COBRA notice rules, like the proposals, consist of four separate regulations. �,{���t�=e��E��n˘*ʙ6Ǩ���{���?g���_g���e�RG�5�2�F��j��j�K�bЬxN�\��c5�d��߾N0��7�Y 4M#W҈��]I��織��"E,���#W+0yp� COBRA continuation coverage may be terminated for failure to pay premiums timely. �C4�8b�U��l�v��`T���}c\����Q�f��"���NT/;��2SV/4�5���j��ç��@|k�����ȼ�$JHcr����rɳrc�rc�ri�&Cy��Y+S��|���Yu���U~E4�jh�ؼ�����(�����*��j���{Q�A0�#:*W#:�0˾`s4��Q����g�{�����*��@E��+�U��T��X��z� �ǃ��K}'"���,��d�f6bfi�Uܚ��HdNg[�~���U�\iFn*��w���\�o�a��p7��i4M�����l>�N�' S�Qz��c�s����^V�>�q���������f+��� �;=J�dDR���4LE�*^�Ek�B+��>����Ί������ܼ��Q���\Wn�7a�X�~�)�ϲ�GJ� 2q�%C���k|�8tU2�{ͥ�4%H R�^��7�q]Cv0�v�8���� � �l�.�+�?Ո��#�qH�����,)�~b�_�o��D����q)����p ������&3i���������� 0000000551 00000 n 2 www.bbpadmin.com HEALTH FLEXIBLE SPENDING ACCOUNTS (FSAS) A health FSA is a tax-favored account, most typically offered under a cafeteria plan, that pays for or reimburses the qualified medical expenses of an employee and his or her spouse and … o�k�n-�(�lh�8�E���t��@���b�oC0 ��T��냅��G��|��j�n���"Ʒ�ϛ��kcEW2�����-YAhh�U>�\k[���h�MM�ːRm�rb�)Z+�q!,�4�'��xŭ�=k�C{�U��0�2�_B�-��F���T9x�?KR�H��m��� �9)C$�A�-�Dzʎ�c���$**�V���!�2��cH�4��N��FiO��X�@��b��z�ΰ��B�����po". COBRA covers group health plans sponsored by an employer (private-sector or state/local government) that employed at least 20 employees on more than 50 percent of its typical business days in the previous calendar year. 0000000608 00000 n 6 �%�0���� �� �� � @���X60F��b)j ifB����^����wi6 �G�?�u�:�d/00 ���� endstream endobj 211 0 obj 364 endobj 204 0 obj << /Type /Page /Parent 193 0 R /Resources 205 0 R /Contents 207 0 R /MediaBox [ 0 0 612 792 ] /CropBox [ 0 0 612 792 ] /Rotate 0 >> endobj 205 0 obj << /ProcSet [ /PDF /Text ] /Font << /F1 206 0 R /F2 208 0 R >> /ExtGState << /GS1 209 0 R >> >> endobj 206 0 obj << /Type /Font /Subtype /Type1 /Encoding /WinAnsiEncoding /BaseFont /Times-Roman >> endobj 207 0 obj << /Length 2095 /Filter /FlateDecode >> stream Do not cover COBRA ’ s obligation to provide COBRA coverage provide coverage... Assistance credit is not available for individuals who were involuntarily terminated after May 31, 2010 Revenue. 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