COBRA Overview

The Consolidated Omnibus Budget Reconciliation Act (COBRA), passed in 1986, provides continuation of group health coverage that otherwise might be terminated for reasons such as job loss, divorce, retirement, and dependents who are no longer eligible due to their age. 

COBRA provides certain former employees, retirees, spouses, former spouses and dependent children the right to temporary continuation of health coverage at group rates. COBRA is only available when coverage is lost due to certain specific events.  Group health coverage for COBRA participants is usually more expensive than health coverage for active employees, because COBRA participants generally pay the entire premium themselves. It is ordinarily less expensive, though, than individual health coverage.

Where can I find more information?  

You can obtain more details concerning the laws, your rights, and FAQs concerning COBRA via the following links: 

U.S. Department of Labor

Employee Benefits Security Administration (EBSA) 

Managing My COBRA

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