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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: If your employer provided you with health coverage, you might be eligible for a government transition program called COBRA. Enacted during the Reagan administration, COBRA allows employees ...
COBRA requires that a person and his or her spouse and dependent children be allowed to continue employer-sponsored health coverage after the employee leaves or loses his or her job. However, there is no requirement that benefits be extended to the employee's same-sex partner or spouse. [ 3 ]
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 ...
Those of us who have lost a job that included health insurance have had the opportunity to take advantage of the Consolidated Omnibus Budget Reconciliation Act (COBRA), which guarantees the ex ...
Payment for unused accrued PTO vacation time, holiday pay or sick leave unless the employee is picked up by the new buyer wherein all benefits become the responsibility of the new employer. COBRA insurance, or healthcare benefits through a certain period of time. A payment in lieu of a required notice period. Retirement accounts; Stock options
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Private disability insurance is sold on both a group and an individual basis. Policies may be designed to cover long-term disabilities (LTD coverage) or short-term disabilities (STD coverage). [143] Business owners can also purchase disability overhead insurance to cover the overhead expenses of their business while they are unable to work. [144]