Thread regarding Raymond James Financial Inc. layoffs

Make sure to check your cobra coverage! RJ did not cover it all and taben cancels coverage!!

Hi all, those of you going on the RJ cobra be sure to check your coverage. I selected every option available, assuming RJ would pay for it all, but apparently they’re not. They aren’t paying for the flex spending account (if you have one). This causes the cobra administrator (Taben) to drop ALL of your coverage since there is an “outstanding payment” (even though RJ paid for a full year of the coverage they are sponsoring). Not sure why they’d cancel ALL the coverage when most of it was paid for, but just want to make everyone aware that you may have the same issue I did. Be sure to double check this so you don’t have an emergency that requires your healthcare that isn’t active!!!

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| 1181 views | | 1 reply (December 4, 2020) | Reply
Post ID: @OP+18eJicF3

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No employer pays for the flexible spending account under COBRA. The dropping of your coverage is a screw up by the administrator and violates federal law.

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