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Login To PrismIf employees are required to work a reduced schedule and no longer meet the minimum number of hours of eligibility in the policy, will they remain eligible for coverage and how long can they be covered?
Principal’s standard practice is to continue coverage until the end of the month. However, as an administrative exception due to impacts from COVID-19, any employee no longer eligible due to reduced hours or furlough/layoff on or after March 1, 2020, through May 31, 2020, may continue coverage for 90 days, provided premiums continue to be paid. For employees whose coverage terminates and are rehired within six months of the termination date, benefits are reinstated without a new hire waiting period..
There may be a more recent answer to this question. Contact Claremont for an update.
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