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SYSTEM AND METHOD FOR PROVIDING AN INSURANCE PRODUCT THAT REIMBURSES A POLICY HOLDER FOR THE COST OF HEALTH INSURANCE ADMINISTERED UNDER COBRA
SYSTEM AND METHOD FOR PROVIDING AN INSURANCE PRODUCT THAT REIMBURSES A POLICY HOLDER FOR THE COST OF HEALTH INSURANCE ADMINISTERED UNDER COBRA
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机译:提供一种保险产品的系统和方法,该产品可以补偿政策持有人在眼镜蛇管理下的健康保险费用
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摘要
A system and method for generating and administering an insurance product e.g., an insurance policy and/or rider, via. a computer system, that reimburses a policy holder for the cost of health insurance administered under COBRA, by providing benefits that reimburse a policy holder for all or a portion of a policy holder's COBRA insurance premiums for a period of time. The policy holder may receive health benefits under their original group plan at his or her original employer-sponsored, group health plan rate, and have a portion of the cost reimbursed through the insurance product, or the policy holder may elect to receive individual/family health insurance coverage, where the policy holder is instead reimbursed for all or a portion of the premiums for that coverage for a period of time by the insurance product.
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