Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA)
Term · Insurance and risk management · MLC-T-INS-000910
A federal law that gives workers and their families who lose their health benefits the right to choose to continue group health benefits provided by their group health plan for limited periods of time under certain circumstances. These circumstances include voluntary or involuntary job loss, reduction in hours worked, transition between jobs, death, divorce, and other life events. COBRA generally applies to employers with 20 or more employees.
| Identifier | MLC-T-INS-000910 |
|---|---|
| Field | Insurance and risk management |
| Subject | Employment Practices Liability |
| Abbreviation | COBRA |
Record as JSON
{
"id": "MLC-T-INS-000910",
"term": "Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA)",
"field": "Insurance and risk management",
"definition": "A federal law that gives workers and their families who lose their health benefits the right to choose to continue group health benefits provided by their group health plan for limited periods of time under certain circumstances. These circumstances include voluntary or involuntary job loss, reduction in hours worked, transition between jobs, death, divorce, and other life events. COBRA generally applies to employers with 20 or more employees.",
"abbreviation": "COBRA",
"subject": "Employment Practices Liability",
"url": "https://mlchart.com/terminology/insurance/consolidated-omnibus-budget-reconciliation-act-of-1985-cobra/"
}
Record 706 of 3,682 in Insurance and risk management terminology (MLC-0106). Request the full dataset.