COBRA

Categories: Legal | U.S. Government
  • 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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