Wednesday, June 28, 2006
June 29, 2006No action needed by employees
Laboratory employees who were employees of the University of California on May 31 should have received a packet at their home addresses from UC regarding COBRA continuation coverage.
As part of the transition to a new management and operations contractor, the university is required to notify all employees who terminated employment on May 31 that COBRA continuation coverage is available. However, Lab employees with active employee coverage may find that sufficient, in which case they do not have to take any action, according to Ellen Fox of the Benefits (HR-B) Office.
The cost of continuation coverage is 102 percent of the full premium; there is no employer contribution.
COBRA is an acronym for the Consolidated Omnibus Budget Reconciliation Act of 1985 and gives eligible employees, annuitants and their enrolled family members the right to temporarily continue health (medical, dental, and/or vision) coverage in situations that would ordinarily cause an individual to lose group health coverage.
For more information, contact the Benefits Office at 7-1806.