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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 continuation coverage is health insurance following an employee’s qualifying event. An example of a qualifying event is a loss of employment or reduction in hours. A person is required to ...
The Consolidated Omnibus Budget Reconciliation Act of 1986 (COBRA) allows workers to retain their employer health insurance after leaving a job, but only for a limited period of time. Generally ...
[67] [68] State mandates generally do not apply to the health plans offered by large employers, because of the preemption clause of the Employee Retirement Income Security Act. As of 2018, there were 953 health insurance companies in the United States, [69] although the top 10 account for about 53% of revenue and the top 100 account for 95% of ...
Congress passed EMTALA to eliminate the practice of "patient dumping"—that is, refusal to treat people because of inability to pay or insufficient insurance or transferring or discharging emergency patients on the basis of high anticipated diagnosis and treatment costs. The law applies when an individual seeks treatment for a medical ...
If you're soon to be retired and aren't yet eligible for Medicare, you may be in the market for a new health insurance plan and thinking about taking a look at getting health insurance with COBRA.
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