Cobra

If you lose eligibility for your Big 5 benefits, you may be able to continue your coverage through COBRA. COBRA allows you and your covered dependents to temporarily continue certain benefits at your own expense.

When Can You Elect COBRA?

Employees may qualify for COBRA when they lose benefits eligibility because of:

• Termination of employment
• A reduction in hours that causes you to lose eligibility for Big 5 benefits
• A leave of absence lasting more than one year, unless prohibited by state or federal law

When Can Dependents Elect COBRA?

Covered dependents may also be eligible to continue coverage if:

• The covered employee passes away
• A covered dependent turns age 26
• The covered employee and spouse divorce or legally separate
• The covered employee becomes eligible for Medicare

What Does COBRA Cost?

If you elect COBRA, you are responsible for the full cost of your coverage. This means you will pay the full premium instead of having the company pay its portion.

You generally have 60 days from the qualifying event or the date you receive your COBRA election notice, whichever is later, to elect coverage.

Questions About COBRA?

For more information or to enroll in COBRA coverage, contact WageWorks at mybenefits.wageworks.com or call 888.678.4881.