Are all group health insurance policies regulated by the South Carolina Department of Insurance?
No. Many plans are self-funded and do not fall within the jurisdiction of this Department. Plans that are not regulated by the South Carolina Department of Insurance fall under the laws of the U.S. Department of Labor, Employee Benefits Security Administration, 1-866-444-3272. • What happens to my group health coverage if I leave my employer? You may be eligible for protection under the Consolidated Omnibus Budget Reconciliation Act (COBRA) law and entitled to a minimum of 18 months of continuation coverage. You can find out more about COBRA continuation of group health benefits from the U.S. Department of Labor, Employee Benefits Security Administration, 1-866-444-3272. • After terminating employment, how long is my employer required to continue my insurance, and under the new Federal law, isn’t this coverage free and shouldn’t it last forever? The South Carolina Department of Insurance does not regulate employers. Most employers terminate coverage at midnight on the day you leave. Th
