Jump to Frequently Asked Questions; Summary. The monthly premium will be 102% of the group rate. The monthly premium will be 102% of the group rate. Coverage during the continuation period will terminate if the enrollee fails to make timely premium payments or becomes enrolled in another group health plan. Weekly Rate $4,175.00. COBRA Cover Letter (PDF) Qualifying Event/Election Notice of COBRA Rights (PDF) DC 37 Benefits Fund Trust COBRA Rates and Benefits (PDF) Members covered by the Cultural Trust or the New York Public Library Trust, should contact the Plan directly at 212-815-1234 for information about your current COBRA rates and an application form. All group health benefits, including Optional Riders, are available. Information about the effective date for a transfer made as the result of a qualifying event must be obtained from the new health plan. As noted about, if you are eligible to continue health coverage under COBRA for 18 months, then you can The monthly premium will be 102% of the group rate. To elect COBRA continuation of health coverage, the eligible person must complete a “COBRA - Continuation of Coverage Application.” Retirees and/or eligible family members can obtain application forms from the Health Benefits Program website at www.nyc.gov/olr. Overview. Before sharing sensitive information, make sure you’re on a federal government site. (If your coverage continues beyond 18 months due to a determination of disability under the Social Security Act, you will pay 150% of … Meanwhile, if the employee is subsidized, the average COBRA insurance rate is at $398 per month for a family plan and $144 for an individual plan. New York State 2021 Monthly COBRA Rates PLAN COST Empire Individual (001) Family (001) $838.22 $2,071.88 HMO-Blue Individual (072) Family (072) $810.58 $1,969.56 MVP Individual (330) Family (330) $891.97 $2,064.33 DENTAL PEF & M/C Individual Family $22.84 $66.35 VISION PEF & M/C Individual Family $4.23 $9.89 11/2020 If I am entitled to federal COBRA, do I have additional continuation rights under New York law? COBRA continuation coverage is terminated at the earlier of the following: exhaustion of the basic and (if applicable) extended periods as defined herein; failure to pay the COBRA … Biweekly rate LWOP Family* Biweekly rate COBRA Individual Monthly rate COBRA Family Monthly rate Dental premium $10.56 $29.02 $23.41 $64.32 Vision premium $1.43 $3.68 $3.16 $8.15 Vision premium (NYSCOPBA, APSU and Council 82) $3.20 $5.45 $7.09 $12.08 Note: These rates do not apply to YAO enrollees. 2021 Rates & Information/NY Retiree 3 AMPLE. Biweekly rate LWOP Family* Biweekly rate COBRA Individual Monthly rate COBRA Family Monthly rate Dental premium $10.51 $30.54 $22.84 $66.35 Vision premium $1.95 $4.55 $4.23 $9.89 Vision premium (NYSCOPBA, PBANYS and Council 82) $1.95 $4.55 $4.23 $9.89 * LWOP enrollees are billed once every 28 days. This period will be calculated from the date of the loss of coverage under the City program. Transfer Period changes will become effective on January 1st of the following year. Premium payments will be made on a monthly basis. Learn about COBRA eligibility requirements.Read More. ... Leave Without Pay, COBRA and Young Adult Option enrollees will be notified of their rates separately. COBRA participants are eligible for the following two health plans. Applications should be mailed to the COBRA enrollee’s current health plan, which will forward enrollment information to the new health plan. Title: COBRA Rates as of MARCH 2021_Edited_JDO.xlsx Author: jon-erik.dobrowsky Created Date: 2/16/2021 2:52:53 PM The definition of a qualified beneficiary includes a child born to or adopted by certain qualified beneficiaries during the COBRA continuation period. Shelby Cobra 427, Vintage 1965 New York. BlueCross BlueShield of WNY is a trusted name in health insurance for over 80 years. The Consolidated Omnibus Budget Reconciliation Act (Public Law 99-2721, Title X), also known as COBRA, was enacted April 7, 1986. The .gov means it’s official. Learn about Notification Responsibilities.Read More. All group health benefits, including Optional Riders, are available. COBRA. Monthly Rate Call for Specials. New York State law requires small employers (less than 20 employees) to provide the equivalent of COBRA benefits. Learn more about COBRA, which allows you to keep health insurance when your job changes unexpectedly. COBRA & Disabilities. The Joint Notice designates a period of time, called the "Outbreak Period," that begins on March 1, 2020 and ends 60 days after the announced date of the end of national emergency related to COVID-19 or such other date announced by EBSA and IRS. Retirees whose welfare fund benefits would be reduced or eliminated at retirement are eligible to maintain those benefits under COBRA. Only if you are a qualified beneficiary by reason of having been an employee, will a child born to or adopted by you during the COBRA continuation period become a qualified beneficiary in his or her own right. New York State Insurance Department City of New York. Kaiser Family Foundation estimated that the average annual premium for employer-sponsored health insurance family coverage was more than $21,000 in 2020. Eligible persons electing COBRA continuation coverage must do so within 60 days of the date on which they receive notification of their rights, and must pay the initial premium within 45 days of their election. Continuation of coverage can never exceed 36 months in total, regardless of the number of events that relate to a loss in coverage. COBRA-eligible individuals may continue coverage for 18, 24, 29 or 36 months. Former employees and dependents who elect COBRA continuation coverage are entitled to the same benefits and rights as employees. When does COBRA coverage end? This means that if you should lose your COBRA coverage, your new child may have an independent right to continue his or her coverage for the remainder of the otherwise applicable continuation period. Each COBRA-eligible member can make an independent election on whether to continue benefits. These rates have continued to rise in recent years, but the cost with our Plan remains between 30 and 40 percent of the most comparable coverage with major insurance companies in the New York region. The Federal Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA) requires that the City offer employees, retirees and their families the opportunity to continue group health and/or welfare fund coverage in certain instances where the coverage would otherwise terminate. The monthly COBRA insurance costs depend on what a particular health insurance plan costs. In cases of the member’s death, the Welfare Fund extends dependent coverage three (3) months following the month in which the member died. Note: These rates do not apply to YAO enrollees. Retirees who are not eligible to receive City-paid health care coverage and their dependents may continue the benefits received as an active employee for a period of 36 months at 102% of the group cost under COBRA. NON-MEDICARE Monthly COBRA Rates for Effective January 1, 2019 MEDICARE Related Plans Monthly COBRA Rates for Effective January 1, 2019 PLAN Coverage COBRA RATE PLAN Coverage COBRA RATE PLAN Coverage COBRA RATE INDIVIDUAL BASIC $1,017.11 INDIVIDUAL BASIC $770.86 PER PERSON BASIC $195.47 FAMILY BASIC $3,047.39 FAMILY BASIC $1,890.09 PER PERSON with RIDER $338.41