What You Need To Know About COBRA.
What is COBRA (Consolidated Omnibus Budget Reconciliation Act)? Cobra gives workers and their families who lose their health benefits the right to choose to continue group health benefits provided by their group health plan for limited periods of time under certain circumstances such as job loss, transition between jobs, death, divorce and other life events. Qualified individuals may be required to pay the entire premium for coverage.
How does it work? Is it expensive? Should you sign up? Is COBRA an option for you? At ClaimAid, our compassionate patient advocates can help you uncover the facts you need in order to answer these questions and more.