Page:United States Statutes at Large Volume 100 Part 1.djvu/260

 100 STAT. 224

PUBLIC LAW 99-272—APR. 7, 1986 "(i) MAXIMUM PERIOD.—In the case of— "(I) a qualifying event described in paragraph (3)(B) (relating to terminations and reduced hours), the date which is 18 months after the date of the qualifying event, and "(II) any qualifying event not described in subclause (I), the date which is 36 months after the date of the qualifying event, "(ii) END OF PLAN.—The date on which the employer ceases to provide any group health plan to any employee. "(iii) FAILURE TO PAY PREMIUM.—The date on which coverage ceases under the plan by reason of a failure to make timely payment of any premium required under the plan with respect to the qualified beneficiary. "(iv) REEMPLOYMENT OR MEDICARE ELIGIBILITY.—The

42 USC 1395.

date on which the qualified beneficiary first becomes, after the date of the election— "(I) a covered employee under any other group health plan, or "(II) entitled to benefits under title XVIII of the Social Security Act. "(v) REMARRIAGE OF SPOUSE.—In the case of an individual who is a qualified beneficiary by reason of being the spouse of a covered employee, the date on which the beneficiary remarries and becomes covered under a group health plan. "(C) PREMIUM REQUIREMENTS.—The plan may require payment of a premium for any period of continuation coverage, except that such premium— "(i) shall not exceed 102 percent of the applicable premium for such period, and "(ii) may, at the election of the payor, be made in monthly installments. If an election is made after the qualifying event, the plan shall permit payment for continuation coverage during the period preceding the election to be made within 45 days of the date of the election. "(D)

No

REQUIREMENT OF INSURABILITY.—The coverage

may not be conditioned upon, or discriminate on the basis of lack of, evidence of insurability. "(E) CONVERSION OPTION.—In the case of a qualified beneficiary whose period of continuation coverage expires under subparagraph (B)(i), the plan must, during the 180-day period ending on such expiration date, provide to the qualified beneficiary the option of enrollment under a conversion health plan otherwise generally available under the plan. "(3) QUALIFYING EVENT.—For purposes of this subsection, the term 'qualifying event' means, with respect to any covered employee, any of the following events which, but for the continuation coverage required under this subsection, would result in the loss of coverage of a qualified beneficiary: "(A) The death of the covered employee. "(B) The termination (other than by reason of such employee's gross misconduct), or reduction of hours, of the covered employee's employment.

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