New Law Will Reduce COBRA Premiums for Some
One of the
provisions of the American Recovery and Reinvestment Act of 2009 (ARRA)
signed into law in February by President Obama is relief
on COBRA premiums for workers who
lost employer-provided health coverage due to "involuntary termination"
on or after Sept. 1, 2008 through March 31, 2010. Those people may purchase insurance coverage
at only 35% of the usual COBRA rates, for up to fifteen months.
COBRA is the law since 1986
that allows persons who lose their employer-provided health coverage to buy the same coverage at cost, plus 2%.
For those who may have decided that
the standard COBRA rates were unaffordable, the law also mandates a
"look-back" to Sept. 1, 2008, and offers them another opportunity to
enroll.
A major shortcoming of the
legislation as it affects CUNY employees is a prohibition
against extending the COBRA premium reduction to those who lose their
health insurance due to reduction of hours. This excludes many if not
most adjuncts who lose their insurance for a term or more when a class
is not offered and their hours drop below the required number.
The Process
The New York City Health
Benefits Program—with CUNY following their lead—recently sent a mailing
to all individuals whom they determined to be affected by the new law.
The mailing included a letter, a summary of the relevant provisions and
an application that must be certified by the former employer to the
effect that the applicant is "Assistance Eligible." This means that the
college Human Resources or Payroll Department must verify the date and
nature of the job termination. The letter from CUNY also referred to the
PSC-CUNY Welfare Fund, which will enroll eligible members once the
appropriate conditions of termination are established.
The PSC-CUNY Welfare Fund is
separately sending notice to all adjuncts whose loss of employment may
qualify as "involuntary termination" if their hours dropped to zero and
they received a notice of non-reappointment.
Detailed information on the reduced COBRA
premiums for eligible individuals, as well as application materials,
have been posted on the New York City Department of Labor Relations
website
here.
Scroll down to page 8 for info on ARRA-subsidized COBRA coverage for basic health insurance.
Welfare Fund Supplemental Benefits COBRA
coverage is also available at reduced rates for eligible individuals.
Description of Benefits and COBRA Applications are online
here.
Recent changes in
federal and state laws have increased dependents' opportunity for
temporary extension of benefits.
More here.
Qualified individuals will be
notified by campus benefits offices appropriately.
If you feel that you are qualified but do not receive notice by April
30, please contact the Fund office.
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