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What is COBRA coverage?

April 26, 2017COBRA coverage

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What is COBRA coverage?

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After a qualified event you have the right under the federal Consolidated Omnibus Budget Reconciliation Act (1985) (COBRA) law to continue your current coverage for 18 to 36 months (depending on the qualifying event).

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COBRA is an acronym for Consolidate Omnibus Budget Reconciliation Act of 1987. This allows employees who leave a group health plan to continue their coverage for a specified period of time if all requirements are met by both the employer and employee.

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COBRA ( Consolidated Omnibus Budget Reconciliation Act of 1985 ) generally entitles workers (as well as covered spouses and dependents) to extend (at their own expense) their employer provided group health care coverage because they have been terminated or their hours have been reduced.