COBRA

The Consolidated Omnibus Budget Reconciliation Act (COBRA) benefit provision provides continuation of group health coverage that otherwise might be terminated.


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Qualifying Events

Retirement
Termination
Medicare entitlement
Loss of dependent status
Death of employee
Divorce
Reduced hours
Leave of absence

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Health Coverage

You may continue your medical, dental, and/or vision insurance for up to 18 months. When you leave Wake Forest, your benefits will last through the end of the month in which you terminate. You will be responsible for the full premium payment, plus a 2% service charge.

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Flexible Spending Accounts

You may make FSA contributions (plus a 2% service charge) on an after-tax basis after your employment ends. This continuation maintains your annual election amount for the remainder of the year.


Enrolling

If you are a departing faculty or staff member, you will be notified of your eligibility to elect COBRA through enrollment instructions mailed to your home address. The paperwork will come from our COBRA Administrator, Stanley, Hunt, DuPree and Rhine (SHDR), approximately 14 days after your termination date.


Guidebook

Wake Forest University Human Resources
2598 Reynolda Rd, Winston-Salem, NC 27106  |  P.O. Box 7424
AskHR@wfu.edu   |  P (336) 758-4700 |  F (336) 758-6127

Se habla español.

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