| NOTIFICATION
REQUIREMENTS:
You Must Notify
Us
If
you are divorced or become covered under Medicare, or one of your
children ceases to qualify as a dependent under the Plan, you
must notify the Plan
Administrator as soon as possible, but no later than 60 days after
the event.
We Will Notify
You
The
Plan Administrator will notify you within fourteen (14) days of
the date
you advise us of one of the above events or of the date your employer
advises us of
your termination of employment for any reason (including death)
or of your reduction in
hours.
ELECTION
OF CONTINUATION COVERAGE:
You
will have at least sixty (60) days in which to elect continuation
coverage. This election period will end on the later of (1) 60
days from the date you
would otherwise lose coverage (except for making a COBRA election)
or (2) 60 days
from the date we mail you notice of your continuation coverage
and provide you with an
election form.
NOTE: If you
incur covered expenses during the election period before you have
made
an election, your claims will not be processed until the Fund
receives your election
forms and payment of your first premium.
TERMINATION
OF COVERAGE:
Your continuation
coverage will end when one of the following occurs:
-
The last day of
the 18, 29 or 36 month period described above.
-
You fail to pay
the premium for your continuation coverage when it is due.
However, there is a thirty (30) day grace period before we
will actually cut
off coverage for failing to pay your premium.
-
The date after
you elect COBRA on which you first become covered under
another group health plan, unless the new plan contains a
pre-existing
condition exclusion or limitation which applies to any pre-existing
condition
suffered by you.
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