COBRA (Consolidated Omnibus Budget Reconciliation Act), Definition(s) of

  • A (36)
  • B (19)
  • C (58)
  • D (26)
  • E (34)
  • F (43)
  • G (20)
  • H (19)
  • I (27)
  • J (11)
  • K (1)
  • L (16)
  • M (27)
  • N (18)
  • O (18)
  • P (33)
  • Q (5)
  • R (30)
  • S (59)
  • T (16)
  • U (4)
  • V (7)
  • W (39)

"A federal law requiring employers to offer time-limited cash-premium health insurance to employees who will lose their insurance due to termination. If you were an active participant in your employer's health plan prior to your departure date, you can continue the health insurance that you and your family received for up to 18 months."

Glossary Source: 

Bookman, A., Harrington, M., Pass, L., & Reisner, E.  (2007). Family caregiver handbook: Finding elder care resources in Massachusetts. Cambridge, MA: Massachusetts Institute of Technology.