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The federal regulatory agencies issued a bulletin announcing an extended special enrollment period for individuals currently enrolled in (or eligible for) COBRA. The special enrollment opportunity gives eligible individuals until July 1, 2014 to enroll in Marketplace coverage. In order to encourage COBRA beneficiaries to consider Marketplace coverage as an alternative to COBRA, employers may …

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The Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA) requires that employers provide former employees and dependents who lose group health benefits with an opportunity to continue group health insurance coverage for a limited period of time. Compliance with the complex rules regarding COBRA coverage can be difficult and mistakes can be costly. Penalties for …

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