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Why would a former employee want to elect COBRA continuation of an Unreimbursed Medical FSA?

April 26, 2017COBRA continuation employee FSA medical unreimbursed

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Why would a former employee want to elect COBRA continuation of an Unreimbursed Medical FSA?

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A participant who is terminating employment with a company might want to elect COBRA coverage if he or she expects to incur medical expenses after the date of termination, and money is available in the Health FSA that might otherwise be forfeited.