In a termination situation, employers are legally required to furnish ex-employees timely notice of their rights to health care continuation coverage under the Consolidated Omnibus Budget Reconciliation Act (COBRA).
More specifically, employers must notify plan administrators within 30 days after an employee's termination (as long as the termination was for reasons other than gross misconduct). Within 14 days after receiving notice from the employer, the plan administrator must then provide written notice to individuals qualified to elect COBRA. Any employer acting as its own plan administrator has 44 days to provide COBRA election notice to qualified individuals.
Don't Drop The Ball
Small businesses that don't use outside plan administrators may be particularly vulnerable to missing COBRA notification deadlines and subsequently getting penalized by a court.
Example: A nurse was diagnosed with breas...(register to read more)