1 Westin Long Beach Hotel, 333 E Ocean Blvd, Long Beach, CA 90802, Phone: (562) 436-3000, Fax: (562) 499-2068. 2  Hyatt Regency Long Beach, 200 S Pne Ave, Long Beach, CA 90802, Phone: (562) 491-1234, Fax: (562) 432-1972.
Letâs say you have $125 taken from each paycheck for health insurance. You get paid twice per month, so your portion of the monthly premiums is $250. Your employer contributes $300 per month toward your health insurance premiums, so the total cost of your job-based health plan is $550 per month. To figure the 2% service charge, multiply that $550 monthly premium by 0.02. Youâll get $11. Add this $11 service charge the $550 premium cost and your COBRA health insurance cost will be $561 per month.
The maximum amount that the FSA can require to be paid for COBRA coverage for the remainder of 2011 is 102 percent times 1/12 of the applicable premium for 2011 times the number of months remaining in 2011 after the date of the qualifying event.bligation to Offer COBRA Coverage In general, employers with HRAs are required to offer COBRA coverage to qualified beneficiaries who would otherwise lose their HRA coverage due to a qualifying event, even if the HRA includes a spend-down feature.