Federal " Cobra " Law:
Under this law all employees are entitled to continue their health insurance
coverage for themselves and their dependents when they are terminated, or
retire from their job. Dependents become eligible for health coverage due to
divorce or the death of the employee. Overage children or college graduates are
also eligible for the health insurance of their working parent. In all of the
above circumstances the "Cobra" eligible person is responsible for the monthly
premium of the health plan in force. The timely filing and administration of
this law is a very important and responsible task of each employer. EPC has
been handling this complicated administrative process since the law was
enacted.|
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