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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 helps people who have lost employee health insurance, while Medicare plans usually provide medical coverage for people over the age of 65. COBRA and Medicare can ...
COBRA is a health insurance option for people who have recently left their jobs. Under COBRA, you’re able to stay with your former employer’s health plan, even if you’re no longer employed.
COBRA enabled laid-off workers to hold onto their health insurance—providing that they pay 100% of the premium, which had been wholly or at least in part subsidized by their erstwhile employer.
The Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA) enables certain individuals with employer-sponsored coverage to extend their coverage if certain "qualifying events" would otherwise cause them to lose it. Employers may require COBRA-qualified individuals to pay the full cost of coverage, and coverage cannot be extended ...
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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