Exchange Coverage and COBRA Notices
Plans that send their own COBRA notices may include additional information about Exchange coverage. . This was confirmed in an FAQ released on June 21, 2016 by the DOL, HHS and IRS. The FAQ clarified that plans are free to go beyond the basic information in the DOL’s model notice and add additional information, such as (1) how to get help with Exchange enrollment, (2) information about financial assistance, (3) Exchange websites and contact information, and (4) other information that may help qualified beneficiaries choose between COBRA and other coverage options.
If you have any questions, please contact your Client Solutions team.
This content is being provided as an informational tool. It is believed to be accurate at the time of posting and is subject to change. It is recommended that plans consult with their own experts or counsel to review all applicable federal and state legal requirements that may apply to their group health plan. By providing this information, Meritain Health is not exercising discretionary authority or assuming a plan fiduciary role, nor is Meritain Health providing legal advice.