The Consolidated Omnibus Budget Reconciliation Act (COBRA) enacted in 1986 offers employees and their covered dependents the opportunity to elect a temporary extension of healthcare coverage in certain instances where coverage would otherwise end. Employees have the right to elect continuation of coverage if healthcare coverage is lost due to specific qualifying events. When a qualifying event occurs, the COBRA Administrator FBMC will notify you of your right to elect COBRA coverage.
You will have 60 days from the date of this notification to elect COBRA coverage. The coverage will be continuous from the date of the qualifying event so you will not have a break in your healthcare coverage. While you are covered under COBRA, you have 30 days to add any newly eligible dependent (spouse, domestic partner, newborn or adopted child) to your COBRA coverage from the date of the event (birth, marriage, etc.) Once COBRA continuation coverage is elected, it is the responsibility of the covered individuals to remit the required healthcare premium payments directly to the COBRA administrator FBMC.
As an alternative to COBRA, you may be able to purchase individual health coverage from your healthcare plan. Contact your plan for details and costs. Employees and dependents who were covered under an HSS administered health plan are entitled to a certificate showing evidence of prior health coverage. This certificate may assist you in purchasing new health coverage that excludes pre-existing medical conditions.