DOL Issues Revised Model COBRA Notice -
Friday, May 10, 2013
Source: Leavitt
DOL has issued a revised model COBRA Notice, which includes information about the new Exchanges/Marketplaces, so that individuals who lose regular group health plan coverage and would be eligible for COBRA coverage will be aware of their option to buy coverage in the Marketplace in lieu of electing COBRA continuation coverage. The ACA does not repeal COBRA, so individuals who lose group health coverage have the option of obtaining coverage either in the Marketplace or under COBRA.
The redlined version of the DOL model COBRA notice shows the DOL's changes to the prior version of the model notice.