Common use of Qualifying Event Clause in Contracts

Qualifying Event. Any one of the following events that, but for the Continuation Coverage provisions of the Plan, would result in the loss of a person’s coverage under the Plan: a. The death of a covered Employee; b. The termination (other than by reason of a covered Employee’s gross misconduct), or reduction in hours, of the covered Employee’s employment; c. The divorce or legal separation of the covered Employee from the Employee’s spouse; d. The covered Employee becoming entitled to benefits under Medicare; e. A dependent child ceasing to be eligible.

Appears in 3 contracts

Sources: Administrative Services Agreement, Administrative Services Agreement, Administrative Services Agreement