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Employee termination can be difficult to navigate whether the employee quits, is laid off, furloughed, or fired. Whatever the reason, employees leave; and terminating an employee’s benefits coverage can seem like a time-consuming task. But it doesn’t have to be with SBMA’s Web ECI portal.
At SBMA, we support the termination of an employee’s benefits coverage in our one-stop-shop employer portal.
Watch our walkthrough below to see how simple removal from the system can be.
After employee termination, the employee will no longer have access to your employer benefits. During a period of unemployment, terminated employees have the option to purchase unemployment insurance benefits coverage aka COBRA.
The Consolidated Omnibus Budget Reconciliation Act (COBRA) of 1985 is a law passed by the U.S. Congress that mandates an insurance program that gives some employees the ability to continue health insurance coverage after leaving employment.
Use our COBRA resources page to learn more about COBRA coverage.