Common use of Continuation Option Clause in Contracts

Continuation Option. A Member no longer eligible for coverage (except in the event of termination for cause, as set forth in Subsection E.) may continue coverage for a period of up to 3 months subject to notification to and self- payment of premiums to the Group. This provision will not apply if the Member is eligible for the continuation coverage provisions of the Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA). This continuation option is not available if the Group no longer has active employees or otherwise terminates.

Appears in 33 contracts

Samples: Group Medical Coverage Agreement, Group Medical Coverage Agreement, Group Medical Coverage Agreement

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Continuation Option. A Member no longer eligible for coverage under the Agreement (except in the event of termination for cause, as set forth in Subsection E.Section III.E.) may continue coverage for a period of up to 3 three (3) months subject to notification to and self- self-payment of premiums to the Group. This provision will not apply if the Member is eligible for the continuation coverage provisions of the Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA). This continuation option is not available if the Group no longer has active employees or otherwise terminates.

Appears in 10 contracts

Samples: Group Medical Coverage Agreement, Medical Coverage Agreement, Group Medical Coverage Agreement

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