The Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA) allows qualified beneficiaries who lose health benefits due to a qualifying event to continue group health benefits. While some group health plans may provide COBRA continuation coverage at a reduced rate or at no cost, most qualified beneficiaries must pay the full COBRA premium. The COBRA […]
Posts Tagged ‘COBRA continuation coverage’
What Is COBRA, and Does It Apply to My Business? | Benefits Broker CA
By Jennifer Kupper In-house Counsel & Compliance Officer for iaCONSULTING a UBA Partner Firm In the earlier days of the Patient Protection and Affordable Care Act (ACA), a common question among employers and benefit advisors was whether there would still be a need for COBRA, the Federal Consolidated Omnibus Budget Reconciliation Act of 1985. Many […]
COBRA and the Affordable Care Act | CA Employee Benefits
By Danielle Capilla Chief Compliance Officer at United Benefit Advisors The Consolidated Omnibus Budget Reconciliation Act (COBRA) requires employers to offer covered employees who lose their health benefits due to a qualifying event to continue group health benefits for a limited time at the employee’s own cost. COBRA provisions are found in the Employee Retirement […]
Negotiating over COBRA Coverage – Use EXTREME CAUTION! | CA Benefits Broker
By Elizabeth Kay, Compliance & Retention Analyst AEIS Advisors A UBA Partner Firm Have you ever overheard the new employee in the break room, bragging about how good their health insurance was with their previous employer, and how much less expensive it was than the coverage they are currently being offered? You may think ”If […]