Learning Center > Glossary-Terms > COBRA (Consolidated Omnibus Budget Reconciliation Act of 1985)

COBRA (Consolidated Omnibus Budget Reconciliation Act of 1985)

COBRA is a federal law that allows most laid off workers to maintain their employer-sponsored health plan. The terminated employee is responsible for the full insurance premium (includes the portion paid by former employer). COBRA coverage is temporary – normally 18 months. There are exceptions, but generally COBRA covers workers in firms with at least 20 employees. COBRA applies to terminated (voluntary and involuntary) workers for reasons other than gross misconduct and those impacted by a reduction in hours of employment.

Note: These definitions are provided only to give you a general understanding of how these words are sometimes used by health insurance companies. Please refer to your coverage documents for a complete list of defined terms that apply to your specific coverage.
GRGLOSS-37R1

COBRA (Consolidated Omnibus Budget Reconciliation Act of 1985)

Note: These definitions are provided only to give you a general understanding of how these words are sometimes used by health insurance companies. Please refer to your coverage documents for a complete list of defined terms that apply to your specific coverage. GRGLOSS-37R1

Note: These definitions are provided only to give you a general understanding of how these words are sometimes used by health insurance companies. Please refer to your coverage documents for a complete list of defined terms that apply to your specific coverage.
GRGLOSS-37R1