If you lose eligibility for medical, dental and vision plans due to a reduction in work hours or termination of employment (other than due to gross misconduct), you are eligible to continue benefit coverage under COBRA for a maximum of eighteen months. This benefit extends to your dependents covered by your medical, dental and vision plans. When dependent children turn 26, they are eligible for a maximum of 36 months of continuation overage.
If continuation is elected, you and/or your dependents will be required to pay the full premium plus a 2% administrative fee. The coverage will end prior to the 18-month maximum if the premiums are not paid in a timely manner, or if you are covered under another health plan, or become entitled to Medicare.
For more information, review the COBRA Continuation Requirements (PDF).
For eligibility and qualifying events, refer to the Operations Directory and contact your Benefits Service Representative.