The federal Consolidated Omnibus Budget Reconciliation Act (COBRA) gives employees and their qualified beneficiaries the opportunity to continue health insurance coverage under Lawrence Tech's health plan when a "qualifying event" would normally result in the loss of eligibility. Lawrence Tech provides each eligible employee and their qualified beneficiaries with a written notice describing your rights to continue your health care coverage under Lawrence Tech's group health insurance plans. 
 

Summary Plan Description

The Summary Plan Description (SPD) document informs plan participants of their rights under the plan. Download a copy of the SPD document.  You may also request a paper copy of the SPD document free of charge by emailing benefits@ltu.edu.  Some of the plan features are listed below include qualifying beneficiaries and qualifying events,
  
 

Qualifying Beneficiaries

A qualifying beneficiary generally is an individual covered by a group health plan on the day before a qualifying event and is an employee, the employee's spouse, or an employee's dependent child. In addition, any child born to or placed for adoption with a covered employee during the period of COBRA coverage is considered a qualified beneficiary.
 

Qualifying Events

Qualifying events are certain events that would cause an individual to lose health coverage. The type of qualifying event will determine who the qualifying beneficiaries are and the amount of time that a plan must offer the health coverage to them under COBRA.

Some common qualifying events are employee's voluntary or involuntary termination of employment, a reduction in an employee's hours or a leave of absence; an employee's divorce or legal separation; employee becomes entitled to Medicare; death of covered employee, and a dependent child no longer meeting eligibility requirements.

American Recovery and Reinvestment Act of 2009
The American Recovery and Reinvestment Act of 2009 (ARRA) approved by Congress on February 13, 2009, provides a federal government subsidy to help people pay for a portion of their COBRA premiums for up to 9 months. The subsidy is intended for certain COBRA-eligible individuals who lost group health coverage because of a covered employee's involuntary termination of employment. For more information, link to COBRA Premium Subsidy under the American Recovery and Reinvestment Act of 2009.
 
Questions? Email  benefits@ltu.edu.    

Limitations
Lawrence Tech in its sole discretion may modify, amend, or terminate the benefits provided with respect to any individual receiving benefits, including active employees, retirees, and their dependents. Although the university has elected to provide these benefits this year, no individual has a vested right to any of the benefits provided. Nothing in these materials gives any individual the right to continued benefits beyond the time the university modifies, amends, or terminates the benefit. Anyone seeking or accepting any of the benefits provided will be deemed to have accepted the terms of the benefits programs and the university's right to modify, amend or terminate them.

Every effort has been made to ensure the accuracy of the benefits information in this site. However, if any provision on the benefits plans is unclear or ambiguous, the Office of Human Resources reserves the right to interpret the plan and resolve the problem. If any inconsistency exists between this site and the written plans or contracts, the actual provisions of each benefit plan will govern. Lawrence Tech in its sole discretion may modify, amend, or terminate the benefits provided with respect to any individual receiving benefits, including active employees, retirees, and their dependents.