COBRA, or the
Consolidated Omnibus Budget Reconciliation Act, was passed in 1986.
COBRA contains health benefit provisions that protect one’s group health insurance coverage when employment is terminated or when one loses his or her coverage for another reason. Other reasons may include divorce from a covered employee, death of a covered employee, or when the child of a covered employee loses "dependent child" status.

Leave a Comment

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.