What is COBRA (Consolidated Omnibus Budget Reconciliation Act of 1985)?
COBRA is a federal law that allows an individual to continue paying for health coverage if they lose their job or eligibility (i.e., child who no longer meets the definition of a dependent per the benefit plan). Check with your Human Resources Department to see if your employer is subject to this law, and if you are eligible for COBRA coverage if you or your dependents’ eligibility status changes.
