how long do insurance benefits last after you quit a job?
It depends on how your employer set up your policy - could go either way. If you have a copy of your Summary Plan Document/Certificate of Coverage (the big booklet that's your official policy document), then it will specifically state in there which option your health plan has. Generally under a section titled "termination of coverage" or something to that effect. In my experience (having seen thousands of benefit plan designs), its close to a 50-50 split, with possibly a few more employers using the end of the month option. But the only way you can know for sure is to either check your policy or ask your HR/benefits rep.
by sarah314 - a day ago
i have signed up for cobra and job ended sept.27. went to get meds on sept 28 and was told my insurance was cancelled. when will cobra stat?
by Janet - a day ago
In most cases til month end if you have premiums paid monthly. COBRA is available for 18 months, but you have to pay the full premium as an aftertax expense.
by e-Giftology.com - a day ago
most employers the coverage ends at the end of the month you were released. I say this because premiums are paid prior the month you are working. Check with HR to be certain.
by Steve S - a day ago
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