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PRISM, our free and easy online quoting system, now highlights differences between current and renewal medical plans in blue, making them easy to see. This update, available across multiple proposal formats, helps you create clearer, more effective proposals for your clients.
For assistance, please contact our Quotes team at quotes@claremontcompanies.com or 800.696.4543.
Login To PrismAre furloughed employees eligible for COBRA coverage?
Some carriers are temporarily permitting employees to remain eligible for employer coverage during a furlough. Employers should check their carrier’s furlough policy, and then consult their COBRA administrator before making any COBRA determinations. In general, loss of employer coverage because of termination of employment or reduction in hours is a COBRA qualifying event.
Claremont Insurance Services and its affiliates do not provide tax, legal or accounting advice. This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction.
There may be a more recent answer to this question. Contact Claremont for an update.