The Basics of COBRA Continuation Insurance Fastfax # 3044

May 03, 2010

To help alleviate the stress and uncertainty the loss of health insurance can place on families, Congress enacted the Consolidated Omnibus Budget Reconciliation Act (COBRA). COBRA requires that qualified employees have the right to a temporary continuation of group health coverage which would otherwise be lost due to a life changing event such as termination of employment. What follows is information about COBRA insurance.