Consolidated Omnibus Budget Reconciliation Act


Also found in: Dictionary, Thesaurus, Encyclopedia, Wikipedia.

Consolidated Omnibus Budget Reconciliation Act (COBRA)

legislation that provides for limited continuation of health coverage for individuals and families at the individual's own expense when the individual terminates employment from an organization that provides health insurance. The law applies only to organizations with a specified minimum number of employees.
Cardiology COmparison of Balloon vs. Rotational Angioplasty. A clinical trial comparing 2 methods of managing complex coronary lesions
Conclusion Both are effective with few complications
Managed care Consolidated Omnibus Budget Reconciliation Act of 1985. A federal act which requires employers to offer employee health coverage under the employer's group health plan for a period of time after a spouse’s death, job loss, work hour reduction, or divorce, allowing them to purchase continuation of health care coverage under the group’s medical plan Managed Care Contracting Handbook, McGraw-Hill, 1996

Con·sol·i·da·ted Om·ni·bus Bud·get Re·con·cil·i·a·tion Act

(COBRA) (kŏn-sol'i-dā-tĕd om'ni-bŭs bŭj'ĕt rek'ŏn-sil-ē-ā'shŭn akt)
U.S. federal law that allows an employee to remain covered under employer's group health insurance plan for a given period of time after death of a spouse, divorce, termination, or having work hours reduced.

Consolidated Omnibus Budget Reconciliation Act,

n.pr law that allows individuals to carry over health coverage from a previous job for a limited time at their own expense.

Con·sol·i·da·ted Om·ni·bus Bud·get Re·con·cil·i·a·tion Act

(COBRA) (kŏn-sol'i-dā-tĕd om'ni-bŭs bŭj'ĕt rek'ŏn-sil-ē-ā'shŭn akt)
U.S. federal law that allows an employee to remain covered under employer's group health insurance plan for a given period of time after death of a spouse, divorce, termination, or having work hours reduced.

Consolidated Omnibus Budget Reconciliation Act (COBRA),

n.pr legislation relative to mandated benefits for all types of employee benefits plans. The most significant aspects within this context are the requirements for continued coverage for employees and their dependents for 18 months who would otherwise lose coverage (30 months for dependents in the event of an employee's death).
References in periodicals archive ?
According to Gallagher Benefit Services, an insurance agency and employee benefits consulting firm based in Itasca, Illinois, USERRA requires employers to offer reservists and their dependents medical, hospital, dental and prescription drug coverage that conforms to the optional continuation provisions of the Consolidated Omnibus Budget Reconciliation Act (COBRA).
Notice 98-12(50) provides employers with standard information that can be given to employees and their families regarding factors to take into account in deciding whether to elect Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA) continuation coverage (CCC).
The Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA) requires hospitals with emergency rooms participating in Medicare to treat all patients regardless of ability to pay, while 1990 COBRA regulations further prohibit "patient dumping" in general (that is, transferring indigent patients to public hospitals).
The applicable federal statute, Section 1867 of the Social Security act, was added to the law by the Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA), adopted by Congress in April 1986.
Upon termination of employment, some workers and their families (who might otherwise lose their health benefits) have the right to choose to continue group health benefits provided by their group health plan for limited periods of time under the Consolidated Omnibus Budget Reconciliation Act (COBRA) and the Health Insurance Portability and Accountability Act (HIPAA).
Does the Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA) required that COBRA continuation coverage (CCC) be offered to a qualified beneficiary covered by a spouse's health insurance at the time of a qualifying event?
COBRA, the Consolidated Omnibus Budget Reconciliation Act (COBRA), was put in place as a temporary bridge between transitioning healthcare coverage but the current job market is making the COBRA ACT an expensive bridge for many unemployed workers to cost.
Solis today issued the following statement regarding the need to fund Summer Youth Employment and extend both unemployment insurance and Consolidated Omnibus Budget Reconciliation Act benefits:
Certificates generally must be provided automatically when an individual loses coverage under a plan and when the individual has the right to elect Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA) coverage.
Senate to begin work on legislation to extend unemployment insurance and Consolidated Omnibus Budget Reconciliation Act health care benefits to unemployed American workers:
1, 1997, to provide that Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA) continuation coverage (CCC) can be terminated on the date a beneficiary "first becomes covered by another health plan," provided said plan has no preexisting condition limitation or exclusion (other than a limitation or exclusion that does not apply to (or is satisfied by) the beneficiary).
The Consolidated Omnibus Budget Reconciliation Act (COBRA) applies to employers with 20 or more employees and stipulates that most group health plan sponsors must give employees and their beneficiaries the chance to keep their health coverage, which they would otherwise lose for reasons including termination of employment, divorce, or death.

Full browser ?