CareFirst Extending Flexible Financial Options, Relaxing Eligibility Requirements for Individuals and Employers During COVID-19 Crisis

Administrator
In addition to directly impacting the health and safety of thousands, the COVID-19 outbreak is contributing to widespread interruption and loss of income for individuals and businesses across the country. During this challenging time, CareFirst is committed to ensuring that our members’ policies are not cancelled for nonpayment of premium and there is flexibility in eligibility requirements in order to... Read More

How Much does COBRA Continuation Coverage Cost?

Administrator
Question: How much does COBRA continuation coverage cost? Answer: Group health plans can require qualified beneficiaries to pay for COBRA continuation coverage, although plans can choose to provide continuation coverage at reduced or no cost. The maximum amount charged to qualified beneficiaries cannot exceed 102 percent of the cost to the plan for similarly situated individuals covered under the plan... Read More