Employer’s COBRA Notice Missteps Mean it Must Provide Retiree with Retroactive Coverage, Pay Statutory Penalties
Employers that provide retiree medical coverage for certain employees need to carefully consider how to integrate that retiree medical coverage with continuation coverage under the Consolidated Omnibus Budget Reconciliation Act (COBRA). Many employers assume that if retirees receive retiree medical coverage at subsidized rates (or even for free), then no COBRA coverage has to be […]
