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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.
In fact, he’s part of a phenomenon that the media has dubbed the “Great Resignation.”. A record 4.3 million American workers quit their jobs in August, and another 4.4 million gave notice in ...
No. COBRA is a law that lets you keep your company's health insurance if you lose your job. If your company stops offering health insurance, there is no company-sponsored health plan available for ...
COBRA is a health insurance option for people who have recently left their job. Under COBRA, you’re able to stay with your former employer’s health plan, even if you’re no longer employed.
COBRA is a health care program in which an individual who lost their job continues the same health care coverage they had under their employer-based health insurance. COBRA, though, has higher ...
In the United States, health insurance helps pay for medical expenses through privately purchased insurance, social insurance, or a social welfare program funded by the government. [1] [2] Synonyms for this usage include "health coverage", "health care coverage", and "health benefits". In a more technical sense, the term "health insurance" is ...
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