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Generally, the WARN Act covers employers with 100 or more employees, not counting those who have worked fewer than six months in the last twelve-month work period, or those who work an average of less than 20 hours a week. Employees entitled to advance notice under the WARN Act include managers, supervisors, hourly wage, and salaried workers.
In most states, your insurance company must provide a written 30-day notice of the cancellation and reason before canceling the policy, giving you time to contest or find a new insurance company.
Insurance companies themselves, as well as self-insuring employers, purchase stop-loss coverage for a premium to protect themselves. [1] In the case of a participant reaching more than the specific (or "individual") stop-loss deductible ($300,000, for example), the insurer will reimburse the insured (the company, not the participant) for the remainder of the claim to be paid over that ...
The amount to be paid will normally cover all salaries that would have been earned during the notice period. That will normally cover basic pay and may include other things like commission and compensation for the loss of benefits, like personal use of a company car, phone, or medical insurance. The employer might instead decide to give the use ...
Before the devastating fires burned across Los Angeles, many homeowners learned they were losing their insurance policies. Some faced big increases in premiums that they couldn't afford. They lost ...
The Act extends COBRA subsidy eligibility to employees who lost their jobs due to no fault of their own between January 1 and February 28, 2010. The nine-month subsidy period was also expanded to fifteen months. [19] [20] On March 3, 2010, President Obama signed into law the Temporary Extension Act of 2010. [21]