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“with most companies, the benefits end the day your job ends, because
it’s the last day you “pay” into the benefits.”

you are incorrect.

most companies don’t cancel employee’s benefits till the end of the month they left in due to bookkeeping.

some small companies might still cancel the day of termination (whether involuntary or voluntary) but most do not. when i was an hr manager i did not know of any companies that still canceled on the term date it is just to much of a bookkeeping nightmare to keep up with when you have several hundred or thousands of employees. the best thing to do is to verify that benefits are canceled end of month andhold off a few days and quit either on or right after the first. the company picks up the cost for the remainder of the month.

this is one reason that a lot of companies try toschedule layoffsclose tothe end of month.

.
original message —-
from: herberkids3
To: Budget101_@yahoogroups.com
Sent: Sunday, December 16, 2007 9:24:05 AM
Subject: Re: Budget101.com : Walmart $4.00 Generic Prescription plans

With most companies, the benefits end the day your job ends, because
it’s the last day you “pay” into the benefits.

— In Budget101_@yahoogro ups.com, Lou Ann Newell
wrote:
>
> Jessica,
> Your insurance should not be cut off on the day you left the
company. You should have until the end of the month at least if not
30 days from termination. Please call your insurance carrier and
find out.

You can also have the pharmacy check it for you. Good
luck!!!
>
>
>
> Lou Ann Newell,Realtor
>
>
>
>
>
.

.

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