Resources and information on coverage due to the Consolidated Omnibus Budget Reconciliation Act.
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Tips & Advice to help you make your decision on COBRA
COBRA stands for Consolidated Omnibus Budget Reconciliation Act which was passed in 1986 to amend the Employee Retirement Income Security Act, the Internal Revenue Code and the Public Health Service Acts and provide continued group rate insurance to those who might lose the benefit under some conditions. Coverage may be extended to former employees, their spouses, former spouses, children and to retirees.
This type of coverage must be provided by employers who have 20 or more part or full time employees. Employers in this category are required to provide the benefit but not to pay any part of the premiums for the qualified beneficiaries. Those opting to take COBRA benefits pay ... more

