Waivers of COBRA
If a qualified beneficiary waives continuation coverage during the election period, he or she must be permitted to later revoke the waiver of coverage and elect continuation coverage, as long as the revocation is done before the end of the election period. If a waiver is later revoked, however, the plan is permitted to make continuation coverage begin on the date the waiver was revoked.
For example, if a qualified beneficiary decides that she does not want to elect COBRA. Let's say that 55 days into her election period she gets into a car accident, The QB may change her mind and elect COBRA provided that her election is submitted timely (within the 60 day allotted period). However, the Plan Administrator may or may not allow her to enroll retro-actively to the beginning of her COBRA eligibility. The plan is permitted to make her continuation coverage under COBRA begin upon the date that she revoked her waiver of COBRA rights.
COBRA also sets standards for the continuation coverage that must be provided.
For example, if a qualified beneficiary decides that she does not want to elect COBRA. Let's say that 55 days into her election period she gets into a car accident, The QB may change her mind and elect COBRA provided that her election is submitted timely (within the 60 day allotted period). However, the Plan Administrator may or may not allow her to enroll retro-actively to the beginning of her COBRA eligibility. The plan is permitted to make her continuation coverage under COBRA begin upon the date that she revoked her waiver of COBRA rights.
COBRA also sets standards for the continuation coverage that must be provided.
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