Five Reasons to Drop Your COBRA Coverage
There are a number of reasons why you might elect not to take COBRA continuation coverage, or elect to drop COBRA in exchange for a private health plan offered through the healthcare marketplace.
Five Reasons to Keep Your Employer's Plan Through COBRA Extension
If you have taken COBRA continuation coverage insurance or have been offered COBRA coverage by your employer, you should consider carefully the pros and cons of taking the coverage. There are several reasons why you should elect COBRA coverage, or keep it if you already have it.
How Long Can I Keep My COBRA Coverage?
COBRA gives individuals who have lost group healthcare coverage due a specific qualifying event the right to continue that group coverage. Continuation coverage extends for a limited period of time, either 18 or 36 months, beginning on the date of the qualifying event.
Can I Enroll In Cobra Insurance If I was Fired By My Employer?
If you lose your job because of termination for reasons other than gross misconduct, you have a right under the Consolidated Omnibus Budget Reconciliation Act (COBRA) of 1985 to continue receiving your group healthcare coverage.
What Does COBRA Stand For?
When you think of COBRA, what comes to mind? A snake? A new programming language? A motorcycle? COBRA, as an acronym, is none of these.