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Essay

What Is COBRA?

Essay specific features

 

Issue:

Miscellaneous

 

Written by:

Neal S

 

Date added:

April 20, 2012

 

Level:

University

 

Grade:

A

 

No of pages / words:

21 / 5728

 

Was viewed:

231 times

 

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Essay content:

That substantially changed in 1986 with the passage of the health benefit provisions in the Consolidated Omnibus Budget Reconciliation Act (COBRA). Now, many employees and their families who would lose group health coverage because of serious life events are able to continue their coverage under the employer's group health plan, at least for limited periods of time...
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The law amends the Employee Retirement Income Security Act (ERISA), the Internal Revenue Code, and the Public Health Service Act to require most group health plans to provide a temporary continuation of group health coverage that otherwise might be terminated. COBRA requires continuation coverage to be offered to covered employees, their spouses, their former spouses, and their dependent children when group health coverage would otherwise be lost due to certain specific events...
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