COBRA, or The Consolidated Omnibus Budget Reconciliation Act, requires group plans to offer the option to continue the same health benefits that the employee and/or dependents received while eligible. In other words, COBRA is your opportunity to continue your SVUSD benefits past their termination date for a limited time at a higher cost.
- Who is Offered COBRA?
- How to receive information
- Is COBRA the Same Insurance I Had as an Active Employee?
- When will my active insurance be canceled?
- What do I need to do to reinstate my coverage through COBRA?
- Will you send me confirmation that my benefits have been reinstated?
- How much does COBRA cost?
- Where do I make my COBRA payment?
- When is my COBRA payment due?
- Are electronic payments available?
- How long is coverage?
- When can I make a change to my COBRA election?
Any participant in health benefits who experiences a loss of coverage for any reason such as an employee who resigns, a dependent who reaches maximum age for coverage, an employee who retires and has attained the age of 65, etc. Please note, benefitted employees who terminate employment during the month of June will have coverage through August 31.
Once the Benefits Department receives information related to your qualifying event for loss of coverage, eligible employees or dependents will automatically be mailed COBRA information to the address listed on file. Employees who terminate in June or July can expect to receive their COBRA notification by early August.
Individuals who wish to enroll will need to complete the Election Notification (sent via mail) by the deadline indicated and mail in payment by the deadline indicated. Please note, your insurance will NOT be reinstated until payment is received. Failure to pay COBRA premiums for the following months will result in the immediate cancelation of coverage without the opportunity for re-instatement.
Participants pay 102% of the total cost of active employee rates. 2018 rates are listed below. Please be advised participants are only eligible for those benefits in which they were enrolled in while on the District's active or retiree plans. Additionally, participants are not required to enroll in all benefits they are eligible for, but may pick and choose (i.e. enroll in dental and vision but not medical).
|Coverage Type||Monthly Cost - 1 person||Monthly Cost - 2 people||Monthly Cost - family|
|PPO Medical with Optum Mental Health||$967.58||$1887.08||$2842.92|
|HMO Medical with Optum Mental Health||$732.94||$1410.22||$2087.50|
|HMO Part-Time with Optum Mental Health||$858.33||$1660.99||$2463.70|
|Trio Medical with Optum Mental-Health||$599.44||$1143.24||$1687.06|
|Trio Part-Time Medical with Optum Mental Health||$700.12||$1344.57||$1989.07|
Payment is due on the 1st of each month, and you are granted a 30 day grace period. Please be advised that if payment is not received by the Benefits Department by the last day of your grace period, your coverage will be terminated without the opportunity for reinstatement. Only payment in the correct amount is considered received by the Department; over or under payments will be returned to you. No monthly payment reminders will be provided to COBRA participants.
SVUSD does not have an electronic payment system. However, you may enroll in "Automatic Bill Pay" with your banking institution, which will allow them to issue a check to SVUSD on your behalf. When enrolling, please set up SVUSD as a vendor using the following information:
Payee Name: SVUSD
Address 1: Benefits Department
Address 2: 25631 Peter A. Hartman Way
City: Mission Viejo
Account Number on Bill: COBRA Payment
Account Holder's Name: Your Name