In: Finance
As a result of federal legislation, persons who are no longer part of their group for medical insurance purposes because of being laid off or other reasons must be allowed to continue the group health insurance coverage
?for a limited period of time. |
?if they are healthy. |
?if their employer is willing. |
?at an inexpensive price. |
As per the law, they are allowed to be covered for a limited period of time (upto 18 months unless they are covered by another plan prior to completion of 18 months)