How COBRA Act works | Benefit Administration скачать в хорошем качестве

How COBRA Act works | Benefit Administration

Learn how COBRA act protects employees and their dependents from loosing the group health insurance in the event of termination, reduction of work hours, divorce etc... This videos captures all the key elements that define this act. An employee, upon a qualifying event that trigger COBRA, can continue their health coverage for upto 18 months. However, their dependents can continue the health coverage for upto 36 months if any such event occures that make them eligible for COBRA. These are known as primary events. These are COBRA Qualifying events: Termination retirement Divorce Reduction of Work Hours Loss Of Pay Enrolment to Medicare Ceased to be Dependent If you are interested in full video that covers how COBRA is administered in any HCM ERP then let us know in the comment section or visit https://peoplesoftconcept.blogspot.com/ The full video covers following: All About COBRA Act What is COBRA Act Why it's important How does it protect Employee and their dependents Qualifying Events Qualifying Beneficry Coverage Period Primary Qualifying Events Secondary Events COBRA coverage cost How it's administered Gather all elements to be configured for COBRA Setup each element Understand COBRA eligible Health Benefit Plans Setup COBRA eligible Health Benefit Plans Tracking the Qualifying Events on Employees Notifying employees of election procedures under COBRA Continuation of Health Plans Video duraton : 30 Minutes Also See: Self Service Functionalities in TLM    • How Self Service Works in TLM | Time and L...   What is HCM ?    • What is Human Capital Management (HCM) ? |...   #howcobraworks #benefitadministration #cobraact