Costco

In the event benefit plan coverage is terminated as a result of the employee’s death or extended medical leave of absence due to the employee’s terminal illness, Costco will reimburse COBRA premiums according to the schedule below:

Non-work related death - One year for covered spouse and children if no other health coverage is available.
Work-related death - Three years for covered spouse and children, after which coverage may continue on a contributory basis as follows:
- Dependent Children: Until age 19, provided no other health coverage is available.
- Spouse: If coverage is continued for dependent children, spouse can remain covered until all covered children have reached age 19, provided no other health coverage is available.
Exhausted medical leave of absence (including Family Medical Leave) due to terminal illness - Up to 18 months for employee and any covered dependents if no other health coverage is available when the following requirement is met: Must be diagnosed as terminally ill with a life expectancy of two years or less as certified by a life insurance carrier approved by Costco in accordance with the Accelerated Life Benefit.

Note: The spouse and children must meet COBRA eligibility requirements to be eligible for this benefit.

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