Compliance & Legal

COBRA

Law allowing employees to continue health coverage after leaving a job.

Definition

The Consolidated Omnibus Budget Reconciliation Act (COBRA) requires employers with 20+ employees to offer terminated or reduced-hour employees the option to continue their group health coverage for a limited time (typically 18-36 months). Employees pay the full premium plus administrative fee.

Quick Facts

Term
COBRA
Category
Compliance & Legal

Manage COBRA Effortlessly

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