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HomeMy WebLinkAbout03-195 A A • CITY OF LAKEVILLE DAKOTA COUNTY, MINNESOTA RESOLUTION Date October 20, .2003 Resolution 03-195 Motion by yellows Seconded by Luick .Resolution approving the amendment to the Continuation of insurance at the time of unpaid leave policy (COBRA). BE IT RESOLVED by the City Council of the City of Lakeville that effective January 1, 2004, the policy entitled "Continuation of Insurance at the time of unpaid leave" is approved and replaces pages 62 and 63 in the Employment Benefits section of the Employee Handbook. APPROVED this 20t'' day of October 2003, by the City Council of the City of Lakeville. • CITY VILL By: Robert D. son, Mayor T` EST arlene Fridges, City k CONTINUATION OF INSURANCE AT THE TIME OF UNPAID LEAVE POLICY (COBRA) POLICY 1. Consolidated Omnibus Budget Reconciliation Act {COBRA). Federal law, known as COBRA, permits an employee to continue, at the employee's expense, coverage under the City's insurance plan(s) at the. time of an unpaid leave, resignation, termination, or retirement if the employee does not have the same type of coverage under another employer group plan and is not entitled to Medicare. 2. Continuation Period. The .length of continuation depends on the Qualifying Event that applies to the employee's loss of coverage: a. Eighteen (18) months, if the employee is presently a City employee and the employee's coverage would stop because the employee's employment is terminated or the employee's work hours are reduced below the qualifying level for coverage (this period may be extended to 36 months if another qualifying event, listed below, occurs during the original 18-month period--an employee must notify the Human Resources Department within 60 days of a second qualifying event);. or b. Thirty-six (36) months, if an individual is not an employee but is: i. A separated or divorced spouse or child of a City employee; ii. A surviving spouse or child of a deceased City employee; iii. A child of a City employee, and is no longer an eligible dependent as defined in the City insurance plan; or iv. A dependent who loses dependent coverage when the City employee becomes enrolled in Medicare benefits. 3. Termination of Continuation Coverage. a. An employee's right to continuation coverage .will cease immediately if the employee fails to pay the required premium due. b. Plan eligibility ceases if: 4 a i. An employee becomes covered under another group plan as a result of employment, re-employment, marriage, or remarriage; or ii. An employee, an .employee's spouse, or an employee's dependent children become enrolled in Medicare, in which case coverage ceases for each individual so covered; or iii. All City insurance plans under this policy are terminated. 4. Election and Premium Payment. a. If an employee decides to continue group coverage, the employee must complete an election form (provided by the City) and return it to the address shown on the election #orm within sixty (60) days of the later of the dates identified below, or the employee loses the employee's right to elect coverage: i. The date coverage is scheduled to stop; or ii. The date the election packet is mailed. b. It is the. employee's responsibility to pay the monthly premiums for the plan(s) the employee wishes to continue. c. For any participants after January 1, 2004, the cost of the plan will carry a 2°to administrative fee for all eli i~participants. The fee will be 1 % for participants that make arrangements to have the premium aid b automatic withdrawals from his/her bank account. cd. The law allows the employee to defer payment for the first monthly premium for forty-five (45) days .from the day the employee signs the election form. Premium payments for all subsequent months should be received by the City by the first day of the month of coverage, no later. than the 30th day of the month of coverage. Failure to make timely payment will be cause for termination of .coverage, with no opportunity for reinstatement of coverage.