The Consolidated Omnibus Budget Reconciliation Act, or COBRA, was passed by the U.S. government in 1986, and gives people access to health insurance after leaving a job, according to the U.S. Department of Labor. Former employees and their...
COBRA is the acronym for Consolidated Omnibus Budget Reconciliation Act, passed by Congress in 1986 to provide group health coverage that otherwise might be terminated, according to the United States Department of Labor. COBRA provides the right...
If you've lost health insurance coverage as a result of a qualifying life event, you might have opted for COBRA coverage. The Consolidated Omnibus Budget Reconciliation Act lets you keep your group health insurance for a limited time in cases of...
Going uninsured can be risky. In 2005 research conducted by the American Society of Professional Estimators, 45.8 million Americans are without health insurance. Sixty-three percent of individuals without insurance are adults under age 34. Many...
The COBRA Health Insurance Law is formally known as the Consolidated Omnibus Budget Reconciliation Act. This federal law was passed in 1985 and enacted in 1986 to afford employees and their family members the right to elect to continue their...
Prior to 1986, a full-time employee lost health insurance benefits provided by an employer if he lost his job or if his hours were reduced--and so did a spouse and children covered by the plan. This changed when the federal Consolidated Omnibus...
If you itemize your federal tax deductions on Schedule A, you can deduct medical expenses that exceed 7.5 percent of your adjusted gross income. Many people automatically assume that, except in extreme circumstances, exceeding the minimum...
In 1986, Congress passed the Consolidated Omnibus Budget Reconciliation Act (COBRA). This law amended the Employee Retirement Income Security Act, Internal Revenue Code and the Public Health Service Act so that health insurance provided to an...
Health insurance through the Consolidated Omnibus Budget Reconciliation Act permits qualified beneficiaries to temporarily retain health insurance and applicable premium insurance rates normally provided through an employer after a qualifying...
Many people have been denied coverage for health insurance based on a pre-existing condition, meaning a disease they have was diagnosed before their enrollment into a new insurance plan. Laws regarding acceptance into an insurance plan vary from...
The Consolidated Omnibus Budget Reconciliation Act, or COBRA, is a law that allows people and their families to continue the medical coverage they had through an employer after they leave or are terminated from their job. COBRA allows people to...
Short-term health insurance, also known as temporary insurance, is medical insurance that offers coverage for a short period of time. A short-term insurance plan typically lasts six months or less, according to John Williams, a member of the...
Medicare is a government-funded health insurance program targeting elderly people 65 years of age and older or those diagnosed with a disability such as renal failure. There are several options to choose from with Medicare but none offer complete...
As many as 13 percent of all women who become pregnant in the United States each year are uninsured, according to the American Pregnancy Association, putting those women at risk for high medical expenses or inadequate prenatal care. The average...
If your employer doesn't provide health insurance coverage or you've recently lost your job, you may be wondering if you should buy an individual health insurance policy. U.S. health care legislation passed in 2010 will eventually require coverage...
