How much does the Plan charge Qualified Beneficiaries for COBRA coverage and how are premiums for this coverage determined?
On an annual basis, Anthem provides an estimate to the employer of COBRA rates for the upcoming 12-month period. It is the employers responsibility to inform Anthem before the 12-month determination period what COBRA rate it intends to use. The employer, at its option can choose to calculate these rates and provide them to Anthem, but Anthem recommends that you consult with your legal counsel on this matter. Unless the employer notifies Anthem that there is a change in the COBRA rates, it will continue to use those rates previously provided.