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COBRA stands for Consolidated Omnibus Budget Reconciliation Act, a federal law that was established in 1985 to give individuals temporary health coverage after a qualifying event such as a job loss.
The Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA) is a law passed by the U.S. Congress on a reconciliation basis and signed by President Ronald Reagan that, among other things, mandates an insurance program which gives some employees the ability to continue health insurance coverage after leaving employment. COBRA includes ...
COBRA insurance coverage is a common phrase, but most people aren't fully aware of what COBRA is, what it costs, and whether or not it's really beneficial to an unemployed worker. Lucky for you ...
In addition to providing you with some money to pay bills in the short-term, job loss insurance may cover the following: reputational injury; personal accident and loss of a job; and identity ...
Long-term care (LTC) insurance reimburses the policyholder for the cost of long-term or custodial care services designed to minimize or compensate for the loss of functioning due to age, disability or chronic illness. [145] LTC has many surface similarities to long-term disability insurance. There are at least two fundamental differences, however.
The Equal Access to COBRA Act was a bill which would amend the Internal Revenue Code, the Employee Retirement Income Security Act of 1974, and the Public Health Service Act to extend COBRA health insurance coverage to qualified beneficiaries, defined to include domestic partners.
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