Page 26 - Fontbonne University 2022 Benefits Guide
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What Happens If I Terminate Employment?
If you terminate your employment with Fontbonne University during the plan year, your right to beneits will
be determined in the following manner.
X You will remain covered by insurance up to X You may elect to continue your participation in
the end of the month in which you terminate, the health lexible spending (reimbursement)
provided premiums have been paid prior to plan for the remainder of the plan year; if you
your termination of employment do so, you must continue to make any required
X Under federal law, if you, your spouse, and/ contributions to the plan; if you do not wish to
or covered dependents lose coverage under continue participating, your participation will
this plan, then you, your spouse, and/or cease and no further salary contributions will be
your covered dependents may be entitled contributed on your behalf
to continuation of healthcare coverage X If your participation in the health lexible
through the Consolidated Omnibus Budget spending (reimbursement) plan ceases, you
Reconciliation Act (COBRA); additional will be able to submit claims for healthcare
information about your continuation coverage expenses incurred prior to your date of
rights is provided at the time of, or shortly termination; you must make requests for
after, termination reimbursement no later than 60 days after your
X You will still be able to request reimbursement date of termination
for qualifying dependent care expenses for the
remainder of the plan year from the balance
remaining in your dependent care account
at the time of termination of employment;
however, no salary contributions will be made
on your behalf after you terminate
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If you terminate your employment with Fontbonne University during the plan year, your right to beneits will
be determined in the following manner.
X You will remain covered by insurance up to X You may elect to continue your participation in
the end of the month in which you terminate, the health lexible spending (reimbursement)
provided premiums have been paid prior to plan for the remainder of the plan year; if you
your termination of employment do so, you must continue to make any required
X Under federal law, if you, your spouse, and/ contributions to the plan; if you do not wish to
or covered dependents lose coverage under continue participating, your participation will
this plan, then you, your spouse, and/or cease and no further salary contributions will be
your covered dependents may be entitled contributed on your behalf
to continuation of healthcare coverage X If your participation in the health lexible
through the Consolidated Omnibus Budget spending (reimbursement) plan ceases, you
Reconciliation Act (COBRA); additional will be able to submit claims for healthcare
information about your continuation coverage expenses incurred prior to your date of
rights is provided at the time of, or shortly termination; you must make requests for
after, termination reimbursement no later than 60 days after your
X You will still be able to request reimbursement date of termination
for qualifying dependent care expenses for the
remainder of the plan year from the balance
remaining in your dependent care account
at the time of termination of employment;
however, no salary contributions will be made
on your behalf after you terminate
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