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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, the federal program that allows people who have lost their jobs to continue paying for their former employer's healthcare plan, is free through Sept. 30.
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One option is to use COBRA to stay on your employer's plan for up to 18 months. Sadly, you'd get stuck with the full premiums without any employer subsidy, which makes this option costly ...
Under COBRA, you’re able to stay with your former employer’s health plan, even if you’re no longer employed. You can keep COBRA coverage for 18 or 36 months, depending on your situation.
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Pass by catastrophe is an academic urban legend proposing that if some particular catastrophic event occurs, students whose performance could have been affected by the event are automatically awarded passing grades, on the grounds that there would then be no way to assess them fairly and they should not be penalized for the catastrophe.
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