TASC - Laserfiche WebLink

Home Browse Search

cvn-out period is ninety (90) clays following the end of the Plan Year. In the event that prescription drug coverage is offered under the Plan and to the extent that the Plan Is an ERISA employee welfare benefit plan, Plan Sponsor shall be solely responsible for determining whether the prescription drug coverage is creditable or non -creditable coverage for Medicare Part D purposes, on either a stand-alone basis or in conjunction with another group health plan. In such event, Plan Sponsor shall also be responsible for providing disclosure notices to Medicare Part D eligible individuals who are covered under or apply for coverage under the Plan advising whether the prescription drug coverage provided through the Plan, either on a stand- alone basis or combined with another group health plan, is creditable. 20. TASC COBRA -NOT APPLICABLE TASC and the Plan Sponsor agree to the terms that are described in the TASC COBRA Client Administration Manual (or the COBRA Client Administration Manual -state continuation if the Client is retaining TASC COBRA for state continuation), and accept the responsibility to perform the functions that are listed on the Services and Responsibilities checklist. These Forms are incorporated by reference. TASC will provide appropriate notices to participants in a format and manner that is consistent with federal or state law and regulations pertaining to continuation. TASC will be entitled to assume that all the covered persons reside at the address of the employee provided by the Plan Sponsor, unless the Plan Sponsor provides alternative addresses. TASC will monitor the following cleadlines, election periods, premium payment grace periods, COBRA enrollment requests, and Social Security extension requests. TASC does not have the discretion under this Agreement to allow any exceptions to legally established deadlines, TASC will retain the 2% administrative fee charged to participants for continuing coverage. 19