If an Assistance Eligible Individual pays the full COBRA premium and is later determined to be eligible for the premium reduction, what should the plan do with the overpayment?
The plan (or other person to whom such payment is payable) can apply the overpayment as a credit toward subsequent premium payments as long as it is reasonable to believe that the credit can be used within 180 days of the overpayment. Otherwise, the overpayment must be reimbursed to the individual within 60 days of receipt.
Related Questions
- If an Assistance Eligible Individual pays the full COBRA premium and is later determined to be eligible for the premium reduction, what should the plan do with the overpayment?
- What should I do if my employer or health plan denies me treatment as an assistance eligible individual for the premium reduction under the ARRA plan?
- If an individual enrolls in the 65% COBRA Premium Reduction Program, would they have the option of switching to the HCTC Program?
