Vermont Statutes Title 8 Sec. 4090c
Terms Used In Vermont Statutes Title 8 Sec. 4090c
- Decedent: A deceased person.
- following: when used by way of reference to a section of the law shall mean the next preceding or following section. See
- insured: as used in this chapter , shall not be construed as preventing a person other than the insured with proper insurable interest from making application for and owning a policy covering the insured or from being entitled under such a policy to any indemnities, benefits, and rights provided therein. See
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
- Person: shall include any natural person, corporation, municipality, the State of Vermont or any department, agency, or subdivision of the State, and any partnership, unincorporated association, or other legal entity. See
§ 4090c. Termination of coverage
Continuation of insurance under the group policy shall terminate upon the occurrence of any of the following:
(1) The date 18 months after the date that insurance under the policy would have terminated due to a qualifying event, as defined in subsection 4090a(b) of this title.
(2) The person fails to make timely payment of the required contribution.
(3) The person is covered by Medicare.
(4) The person is covered by any other group insured or uninsured arrangement that provides dental coverage or hospital and medical coverage for individuals in a group, under which the person was not covered immediately prior to the occurrence of a qualifying event, as defined in subsection 4090a(b) of this title, and no preexisting condition exclusion applies; provided, however, that the person shall remain eligible for continuation coverages which are not available under the insured or uninsured arrangement.
(5) The date on which the group policy is terminated or, in the case of an employee, the date the decedent‘s or terminated employee’s employer terminates participation under the group policy. If such coverage is replaced by similar coverage under another group policy:
(A) the person shall have the right to become covered under that replacement policy, for the balance of the period that he or she would have remained covered under the prior group policy;
(B) the minimum level of benefits to be provided by the replacement policy shall be the applicable level of benefits of the prior group policy reduced by any benefits payable under that prior group policy; and
(C) the prior group policy shall continue to provide benefits to the extent of its accrued liabilities and extensions of benefits as if the replacement has not occurred. (Added 1983, No. 165 (Adj. Sess.), § 1; amended 1985, No. 184 (Adj. Sess.), § 3; 2001, No. 121 (Adj. Sess.), § 5, eff. June 5, 2002; 2009, No. 61, § 16, eff. June 2, 2009.)