[Histonet] Being laid off

[wecare <@t> qualityhistology.com]

A word of caution about COBRA.  If your company is no longer in business,
the insurance company will drop you right away also.  COBRA applies only to
the organizations still in business.

----- Original Message ----- 
From: <madaryhtl <@t> juno.com>
To: <HistoNet <@t> lists.utsouthwestern.edu>
Sent: Saturday, September 11, 2004 3:03 PM
Subject: [Histonet] Being laid off


>
> My last company went through this twice in the past year.  Although they
were for profit, some things to consider is if it is an "at will" employment
forget the 60 days, cobra is an entitlement based on if you had coverage and
is a Federal Law they will have to abide by(plus you can get it yourself),
the retirement annuities issues is based on vesting times established at the
time of employment, and unused vacation was paid(by law), no sick time or
floating days were paid, and severance was not a given for everyone, some
folks got nothing.  This is wwhat happened at this place, a pharma company.
>
>
> Nick(Rocky) Madary, HT,HTL(ASCP)QIHC
> Histology Manager, Medimmune Inc
> Cell-3012334950
> Work-3013984745
> Fax-3013989745
>
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>