Below is important information regarding your benefits and how they are impacted by your separation from employment. This information applies to you if you are
a CentraCare team member.
a CentraCare team member.
Note: You cannot elect COBRA until after your termination date.
You are responsible for completing and returning the COBRA enrollment form to WEX in a timely manner in order to enroll in COBRA coverage – enrollment is not automatic. If you do not elect COBRA coverage, your group medical and dental coverage will end on the last day of the month in which your employment ends.
If you are enrolled in the company’s medical, dental, and/or life insurance coverage, you may elect to continue your coverage under the Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA) for up to 18 months after your coverage ends at up to 102% of the full premium rate. This represents the company’s full cost of coverage, plus a 2% administrative fee.
All other benefits including life insurance and long-term disability will cease upon the employee's separation date; however the team member may choose to convert basic life insurance and any supplemental life insurance benefits they carry. Additional details on this process will be provided by CentraCare's COBRA administration partner.
If paid salary continuation, the team member portion of the medical and dental premiums will continue to be deducted on a bi-weekly basis for the duration of the severance salary continuation period, and to the extent that, the team member remains eligible for COBRA. The Company will continue to cover the Team member portion of the medical and dental premiums for the duration of the severance salary continuation period, to the extent that, the team member remains eligible for COBRA continuation. The team member should consult the COBRA materials, to be provided by WEX, for details regarding these benefits.
Life insurance premiums must be paid directly to WEX.
An explanation of your COBRA coverage rights and instructions for electing COBRA coverage will be mailed to you and your dependent(s), if applicable, under separate cover by WEX after the end of the month in which you separated. You will have 60 days from the date of the COBRA notification or 60 days from the date your coverage ends, whichever is later, to elect COBRA coverage. You will then have 45 days from the date of your COBRA election to make your first payment. Once payment is received, your coverage will be reinstated retroactively to the day your coverage ended. You must continue to make timely payments in order to continue your COBRA coverage.
📞For additional information about your rights to COBRA coverage, contact WEX at 866-461-3399.
This program is designed to ensure you receive the best possible care through one-on-one coaching with a licensed clinician, supporting your physical, emotional, and overall well-being.
AiRCare provides expert counseling and professional support to help team members and their families lead healthier, more productive lives at work and home.
Here are a few areas where AiRCare may help:
Contact AiRCare Anytime:
