qualifying event

qualifying event
qualifying event n: an event or condition (as a terminal illness) that permits an acceleration or continuation of benefits or coverage; esp: an event involving an employee covered by a group health insurance plan that would result in a termination of coverage for the employee or a qualified beneficiary if not for federal provisions for the continuation of such coverage (as for six months)
◇ Qualifying events for continuation of group health insurance coverage include the death, divorce, or legal separation of the employee, termination from employment for a reason other than gross misconduct, reduction in working hours, and the change in status of a child who ceases to be classified as a dependent under the terms of the plan. An employee is entitled to notice of the right to continuation after a qualifying event occurs.

Merriam-Webster’s Dictionary of Law. . 1996.

qualifying event
USA
An event that entitles a qualified beneficiary to elect continued health care coverage under the Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA). To constitute a qualifying event, the qualified beneficiary must lose coverage under the group health plan as a result of the event. Examples of qualifying events include:
• Termination of employment.
• Death.
• Divorce.

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

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