Common use of Continuation of Coverage Clause in Contracts

Continuation of Coverage. 49.13.1 Every covered Professional Staff Member, covered spouse of a Professional Staff Member, and/or covered dependent(s) of a Professional Staff Member whose group health insurance is terminated for reasons of - termination of the employment, layoff or reduction in the hours of employment of the Professional Staff Member - death of the Professional Staff Member; or eligibility of the Professional Staff Member for Medicare; or divorce or separation from the Professional Staff Member - change in dependent status (for example, children who attain a certain age under the policy, finish school, marry, etc.) shall be eligible to elect continuation coverage under the group health insurance policy offered to employees, at group rates which represent 102% of the premium cost. Where group coverage terminates by reason of divorce, separation or change in dependent status, the Professional Staff Member, spouse, and/or dependent must give notice, in writing, of such event to the BOARD, within 60 days of such event. If elected, of coverage shall be available at the cost of the Professional Staff Member or dependent(s) for 18 months if coverage is terminated by reason of a termination, layoff or reduction in hours, and 36 months for the other above-stated reasons.

Continuation of Coverage. 49.13.1 49.14.1 Every covered Professional Staff Member, covered spouse of a Professional Staff Member, and/or covered dependent(s) of a Professional Staff Member whose group health insurance is terminated for reasons of - termination of the employment, layoff or reduction in the hours of employment of the Professional Staff Member - death of the Professional Staff Member; or eligibility of the Professional Staff Member for Medicare; or divorce or separation from the Professional Staff Member - change in dependent status (for example, children who attain a certain age under the policy, finish school, marry, etc.) shall be eligible to elect continuation coverage under the group health insurance policy offered to employees, at group rates which represent 102% of the premium cost. Where group coverage terminates by reason of divorce, separation or change in dependent status, the Professional Staff Member, spouse, and/or dependent must give notice, in writing, of such event to the BOARD, within 60 days of such event. If elected, of coverage shall be available at the cost of the Professional Staff Member or dependent(s) for 18 months if coverage is terminated by reason of a termination, layoff or reduction in hours, and 36 months for the other above-stated reasons.