Improving Awareness of Health Coverage Options Act of 2022
This bill modifies the notification requirements with respect to eligibility for certain health coverage options due to a qualifying event (e.g., loss of coverage due to termination of employment).
For example, a health insurance plan must provide a clear explanation that an individual who is eligible for COBRA (Consolidated Omnibus Budget Reconciliation Act) continuation coverage may be eligible to enroll instead, with financial assistance, in a qualified health plan offered through a health insurance exchange.
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