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- Stands for the "Consolidated Omnibus Budget Reconciliation Act of 1985"Department of Labor: FAQs About COBRA Continuation Health Coveragea
- Qualifying events for COBRA include: Layoffs, unemployment, divorce, death of a spouse and a few other reasonsDepartment of Labor: FAQs About COBRA Continuation Health Coveragea
- Employees must pay the full cost of the health insurance premium Department of Labor: FAQs About COBRA Continuation Health Coveragea
- Can keep COBRA benefits for up to 18 months after the qualifying event occursDepartment of Labor: FAQs About COBRA Continuation Health Coveragea
- For a family of four, 84% of unemployment check, on average, is needed to pay for familyCOBRA benefitsFamilies USA: COBRA Key Findings (January, 2009)
- Nine states COBRA benefits costs would, on average, exceed a family's monthly unemployment benefitsFamilies USA: COBRA Key Findings (January, 2009)
- 46 million people estimated to be without health insuranceFamilies USA: COBRA Key Findings (January, 2009)
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COBRA is a 1986 federal law that allows people who would otherwise lose their health care insurance through an employer to retain their former health insurance for up to 18 months.Department of Labor: FAQs About COBRA Continuation Health Coveragea Originally billed as a benefit to those who have lost their jobs, the increasing cost of health care has made COBRA unaffordable for many Americans.Families USA: COBRA Key Findings (January, 2009)
Quotes
"COBRA health coverage is great in theory and lousy in reality...For the vast majority of workers who are laid off, they and their families are likely to join the ranks of the uninsured." — Ron Pollack, Executive Director of Families USAKansas City Star: More laid-off workers can't afford COBRA (January 9, 2009)-
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COBRA Questions
What if you lost your job in 4/08 and dont have benefits? Will COBRA be extended past the 18 months max? 4 AnswersBear with me on this answer....unfortunately the stimulus bill is not going to help anyone on COBRA unless they lost their job after 9-1-08. It is as simple as... read more
Will I still be covered by Kaiser Permanente if elect Cobra and move to Florida where Kaiser doesnt have offices? 1 AnswerKaiser Permanente has a strategic alliance with AvMed Health Plan, who serve Florida. In any case, Kaiser will cover you, BUT, If you go to any doctor in Flor... read more
Where can I hear the new Cobra song? 1 AnswerThis is the only one I could find, it's called "Uh Oh" http://blip.fm/profile/mattb4rd/blip/10860107 read more



