COBRA Benefits Ending: Losing Full Status and Becoming Part-Time Worker
http://www.BestPreExistingHealthInsurance.com
Losing COBRA medical coverage if you go from full status to part time status
One question that is often raised regarding COBRA is what happens when an employee decreases a workers work hours to the point that they no longer qualify for their employer’s health coverage. This seemingly happens even more in today’s economy as during the recession employers are trying to cut costs to keep their businesses profitable.
If your hours are significantly reduced and you lose your medical benefits, then you still may be able to qualify for COBRA coverage- thus extending your benefits. COBRA can provide a temporary extension of your medical benefits.
However, several qualifications must be met.
First, your employer must have had at least 20 employees. COBRA only gives protection to employees if their company has 20 or more worker/employees. Thus, the COBRA protection is somewhat limited in terms of how many former employees it can protect. We most likely all know people who work for smaller employers. That employer may even extended medical benefits to their employees, but the employees are not covered by COBRA for continuation coverage.
This fact can be more than a little worrisome to employees if they lose their jobs for reasons other than termination due to gross misconduct. An example might be those workers who suffer pre-existing health conditions in Ohio or any other state and need insurance to continue to receive treatment.
Even pregnancy can be considered a preexisting health condition . Imagine the impact this can have on families.
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