If we have a layoff, what happens to our employees’ benefit plan eligibility?

Your insurance contract will have provisions detailing which benefits and how long they will be continued when employees are on layoff. If your contract does not contain specific language on the continuation of coverage, contact your Baynes & White consultant for assistance as this varies by carrier. Most carriers will provide an extension of coverage, however providing extensions of coverage greater than what is required by law will require the approval of your carrier.