A Saving Grace Named After a Snake
14 05 2008 Autor: Robert
Lost your job? Got terminated? If you’re worried about your family’s health insurance benefit, never fear, because COBRA is here. It stands for Consolidated Omnibus Budget Reconciliation Act of 1985.
For a name synonymous with snakes and poisons, it can help you weather out the storm while you look for a new way to cover health insurance for yourself and your loved ones. According to this act you have the right to continue your former employer’s group plan for individual or family health insurance for up to 18 months at your own expense.
If you’re currently employed, ask your HR personnel for more details.
Posted on: Wednesday, May 14, 2008 at 11:52 am and is filed under the category Basic Information, Guide.
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