How many days do employers have to provide notification statements to individuals eligible for COBRA continuation?

Employers are required to provide notification statements to individuals eligible for COBRA continuation coverage within a specific timeframe. The correct answer reflects that employers must notify qualified beneficiaries of their COBRA rights within 14 days after receiving notice of a qualifying event. This requirement is established under the Consolidated Omnibus Budget Reconciliation Act (COBRA), which protects employees and their families by allowing them the option to continue their health insurance coverage after certain events that would normally result in the loss of that coverage, such as termination or reduction of hours.

This 14-day window is crucial because it ensures that eligible individuals are informed quickly about their options regarding health insurance coverage. It allows them the necessary time to decide whether to elect COBRA coverage, which can be critical for maintaining healthcare continuity during periods of transition. The other timeframes do not align with the COBRA regulations regarding notification.