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COBRA

Eligibility

The right to COBRA continuation coverage was created by a Federal law, the Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA). COBRA continuation coverage can become available to you and to other members of your family who are covered under the Medical Plan, the Dental Plan, and/or the Medical FSA when you would otherwise lose such group health plan coverage.

University employees become eligible for COBRA when either one of the following qualifying events happens:

  • A reduction in your hours of employment (i.e. your status changes from full time to part time); or
  • Your employment ends for any reason other than your gross misconduct and you do not become covered under the Pre-65 Retiree Medical Benefits Program.

Election 

  • Human Resources will notify COBRA Administrator, Flores & Associates, within 30 days of the qualifying event (loss of coverage).
  • Flores & Associates will send COBRA election notice within 14 days of notification to former employee/qualified beneficiary.
  • Former employee/Qualified beneficiary has 60 days from the date of the notification to elect continuation of coverage.
  • Former employee/Qualified beneficiary has 45 days to pay the first premium.
  • Flores & Associates will notify Human Resources of the election after the receipt of the first premium.
  • Coverage will be reinstated with the insurance carriers within 7-10 business days after payment, effective on the date that group health plan coverage would otherwise have been lost

See the plan document for more details.

Contact

Mailing address: Flores & Associates, P.O. Box 31397, Charlotte, NC 28231-1397,

Phone Number: 1-800-532-3327

Rates

Cigna HDHP 

COBRA - Monthly
Individual $482.81
Individual/Spouse/SSDP $1,013.90
Individual/Spouse/SSDP w/ surcharge* $1,115.90
Individual/Minor $724.21
Individual/Children $1,062.19
Individual/Family $1,383.31
Individual/Family w/ surcharge* $1,485.31

Cigna Traditional

COBRA - Monthly
Individual $536.30
Individual/Spouse/SSDP $1,126.21
Individual/Spouse/SSDP w/ surcharge* $1,228.21
Individual/Minor $804.43
Individual/Children $1,179.84
Individual/Family $1,536.55
Individual/Family w/ surcharge* $1,638.55

Dental 

COBRA - Monthly
Individual $28.37
Individual/Spouse/SSDP $51.39
Individual/Minor $51.39
Individual/Family $88.01

*Please note, UR imposes a $100 per month surcharge on employees that elect to cover spouses or same-sex domestic partners who are eligible for group medical coverage through their own employer, or to spouses or same-sex domestic partners that are retired and have access to a health plan through their previous employer or retirement plan.

Questions About Benefits?

Contact Human Resources at (804) 289-URHR (8747) or email URHR@richmond.edu.