Vanguard offers continuation of health coverage under the Consolidated Omnibus Budget Reconciliation Act of 1985, a federal law commonly known as COBRA.
Below you'll find all the information you need to continue your coverage through COBRA.
- View the monthly rates: Below you'll find the COBRA monthly rates for the medical, dental, and vision plans, along with the other benefits for which you are eligible.
- Find out whom you can cover: Spouses, domestic partners, and children up to age 26 are eligible for continuation coverage. Click here for specific details.
- Choose your plans: Vanguard offers two medical plans, two dental plans, and a vision plan. Click the links below to learn more about them.
Note: Both medical plans include prescription drug coverage. As a reminder, if you enroll in the High-Deductible Health Plan (HDHP), you may be eligible to contribute to a health savings account (HSA). However, COBRA participants will not receive Vanguard contributions to the HSA.
Review the Summary of Benefits and Coverage: As part of health care reform, we are required to provide you with the Summary of Benefits and Coverage (SBC) document for Vanguard's medical plans. The SBC will help you easily understand our plans, compare them with other plans, and choose the best one for you and your family.
The Glossary of Health Coverage and Medical Terms was created to be used in conjunction with the SBC and provides definitions for common terms, such as "deductible" and "coinsurance." You may find differences between definitions in the glossary and those in your health plan documents. When this occurs, please accept the definitions in your health plan documents.
Summary of Benefits and Coverage:
Review the Summary Plan Description (SPD): This SPD, along with the plan booklets, describes the health and welfare benefits provided to you and/or your eligible dependents if coverage is continued under COBRA.