Source of this page
This regulation detail page is rendered from the SMBRegs static catalog, not a live government database record. Use the official filing link below to verify current requirements before filing or relying on this summary.
Description
Employers with 20+ employees who offer group health insurance must provide COBRA continuation coverage to employees who lose coverage due to qualifying events. Coverage lasts 18-36 months.
Key Details
- Jurisdiction
- Federal
- Category
- Insurance
- Renewal Frequency
- ongoing
- Estimated Cost
- Administrative costs for tracking and notification
- Estimated Time
- Ongoing compliance
Penalties for Non-Compliance
$110 per day per affected individual; excise tax of $100 per day per violation
Who This Applies To
Minimum Employees: 20+
Official Filing Link
https://www.dol.gov/general/topic/health-plans/cobraDoes this apply to your business?
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