If you had an MRA as an active employee, you can use any remaining balance in your MRA to pay for eligible out-of-pocket medical and prescription drug expenses through the end of the month in which you terminate or while enrolled in COBRA medical coverage.

If you enroll in COBRA medical coverage, you can continue to earn Wellness Funds to increase the value of your MRA, up to the full annual MRA earnings amount (see "What Happens to Your MRA If Your Employment with JPMorganChase Ends" in the Medical Plan section). While enrolled in COBRA medical coverage:

If you do not enroll in COBRA medical coverage, you cannot earn additional Wellness Rewards beyond your termination of employment. You can use your existing MRA funds to pay for out-of-pocket costs incurred prior to the end of the month of your termination date. For example, if you terminate as of January 5, 2025, any out-of-pocket medical and prescription drug expenses incurred through January 31, 2025, are eligible, but you must submit an MRA Claim Form by December 31, 2026, to receive a reimbursement. Any remaining MRA balance will be forfeited (unless you are retirement eligible in which case the balance remains intact and can be used to offset medical and prescription drug expenses until the account is depleted; administrative fees may be incurred).

If you elect COBRA medical coverage, no administrative fees are deducted from your MRA.