GNYADA November 2017 Newsletter

Rules for Delivering COBRA Election Notices If a qualifying event causes an employee to lose his or her group health coverage, dealers with 20 or Bankruptcy of the employer. 13 n

dealers against this method, as it does not guarantee that the notice will be received by the affected beneficiaries. Employers are not permitted to send COBRA election notices by email. As a best practice, dealers are also advised to verify the mailing address for any departing employee. This is a wise step, should the dealer need to provide required notices or documents to former employees for any reason. For more information, please contact Mike Conway, Executive Director of the GNYADA Insurance Brokerage at 718-746-8100 or mconway@gnyada.com. n

Federal law requires employers to use delivery measures which ensure that the COBRA Election Notice will be received by the employee and their qualified dependents: First-class mail is a compliant and recommended means of providing a COBRA election notice to employ- ees and their qualified beneficiaries. Employers who wish to send COBRA election notices by second- or third-class mail are recommend- ed to purchase additional delivery insurance, USPS Tracking, and for- warding and return services. n n

more employees must provide COBRA election notices to the

employee and to any qualified depend- ents on the employee’s group health insurance. The notice must be provid- ed no more than 14 days after the dealer or plan administrator is notified about the qualifying event. The qualifying events that require pro- vision of COBRA election notices are:

Termination or reduction in hours of the covered employee;

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Death of the covered employee;

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Covered employee becoming entitled to Medicare; or

Hand delivery is permitted; the Association generally advises

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Join the Mission to Keep Our Neighbors Warm Register as a New York Cares Coat Collection Site

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The Association is grateful for the generosity shown by our dealer mem- bers year after year. Together, we know we can deliver yet another all- time best collection total this winter. To watch a video recap of last year’s record coat collection campaign, visit www.gnyada.com/community/coat- drive-2017 . To see which dealerships have already signed up for the 2017 coat

straight year and asking local dealers to help us beat last year’s record donation. Dealers can register for the 2017 coat drive in three easy steps: 1 Visit www.gnyada.com/coats and complete a brief signup form. 2 Designate an area (or areas) in your dealership where customers and staff can drop off coats. GNYADA will provide posters announcing your dealership as a donation site and bags to store coats. 3 At the end of the coat drive, call GNYADA to have your donations picked up and delivered to New York Cares’ headquarters.

Last year, more than 110 GNYADA dealerships participated in the New York Cares Coat Drive, helping the Association collect and deliver a record-breaking 11,000+ winter coats to help people in need make it through the coldest months of the year. This year, the Association is teaming up with New York Cares for the sixth

drive, visit www.gnyada.com/ community/2017-coat-drive.

For any questions, contact Jennifer Berman at Jennifer@gnyada.com or 718.746.5900 ext. 235.

Greater New York Automobile Dealers Association • www.gnyada.com

The Newsletter • November 2017 9