Sat, 02/15/2020 - 17:54

COBRA stands for Consolidated Omnibus Budget Reconciliation Act. Congress passed COBRA health benefit provisions in 1986.

The law may allow you to temporarily keep health coverage after your employment ends, you lose coverage as a dependent of the covered employee, or another qualifying event.

If you elect COBRA coverage, you pay 100% of the premiums, including the share the employer used to pay, plus a small administrative fee.

Related content

What is COBRA?

• Who can get COBRA?

• How long does COBRA last?

• Alternatives to COBRA