May 04, 2020
On May 1, 2020, the U.S. Department of Labor (DOL) issued new model notices (English and Spanish versions) for group health plan administrators to use to comply with COBRA notification requirements. Although plan administrators are not required to use the updated model notices, the DOL generally considers their use—with the addition of appropriate plan information—to be good faith compliance with COBRA’s content requirements for:
The updated model notices aim to help qualified beneficiaries better understand the interactions between Medicare and COBRA, including that there may be advantages to enrolling in Medicare before, or instead of, electing COBRA. They also highlight that if an individual is eligible for both COBRA and Medicare, electing COBRA coverage may impact enrollment into Medicare and certain out-of-pocket costs.
At the same time the updated model notices were released, the DOL also listed a set of frequently asked questions (FAQs) to help explain the interactions between Medicare and COBRA.
Additional details about Medicare and COBRA enrollment options are included in both the FAQs and updated model notices.
For additional information, please contact your Burnham Benefits Consultant or Burnham Benefits at 949-833-2983 or email@example.com.
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