Home > Terms > English, UK (UE) > COBRA (Consolidated Omnibus Budget Reconciliation Act of 1986
COBRA (Consolidated Omnibus Budget Reconciliation Act of 1986
This law allows you to continue your health plan coverage for a limited time. It is often used after people lose their job or become divorced. If you choose this option, you will pay the cost of coverage. Small employers with less than 20 workers are not subject to this law.
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- Part of Speech: noun
- Synonym(s):
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- Industry/Domain: Health care
- Category: General
- Company: Aetna
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