Chaz Posted September 14, 2011 Posted September 14, 2011 Prior to sale transaction, seller has QBs on COBRA. Upon closing, Seller ceases to provide health insurance and the Buyer takes the QBs onto its plan. What type of election period does the Buyer have to provide these QBs? Must they provide them with a new 60 day election period or some other (shorter) period to elect?
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