Consolidated Omnibus Budget Reconciliation Act

{
  "id": "MLC-T-LAW-001210",
  "term": "Consolidated Omnibus Budget Reconciliation Act",
  "field": "Law",
  "definition": "A federal law, abbreviated as COBRA, that allows employees and their families to continue health insurance coverage after certain qualifying events, such as job loss, reduction in hours, or divorce. This continuation coverage is temporary and requires the beneficiary to pay the full premium, plus an administrative fee. COBRA applies to group health plans maintained by employers with 20 or more employees.",
  "abbreviation": "COBRA",
  "url": "https://mlchart.com/terminology/law/consolidated-omnibus-budget-reconciliation-act/"
}