If you have been informed that your employment in District 207 is ending soon, and you need to continue carrying health insurance, one option you have is to purchase Cobra Health coverage through District 207.
If your employment ends prior to December 31, 2009 the government will pay for 65% of your Cobra premiums for up to nine months. It is unclear if this benefit will continue into 2010.
This link will take you to the government Cobra Continuation Coverage Assistance website:
http://www.dol.gov/ebsa/cobra.html
Below are the 2010 Cobra Health Insurance premium rates:
The following information is from our benefits person, Gina Passanante
PPO Plan
Single COBRA = $601.29 per month
Family COBRA = $1639.65 per month
HMO Plan
Single COBRA = $483.96 per month
Family COBRA = $1312.41 per month
Dependent Child Information: (this is what I have in my 2010 OE newletter)
If your dependent meets the IRS definition of qualified dependent, the District will be charging a before tax premium equal to the single premium to comply with the IRS regulations. This charge is in addition to the single or family election for the remaining covered members
If your dependent does not meet the IRS definition of qualified dependent, the District will be charging an after tax premium equal to the single premium to comply with the IRS regulations This charge is in addition to the single or family election for the remaining covered members.
For more information and certification forms please log on to Your Touchpoints website.