COBRA, or the Consolidated Omnibus Budget Reconciliation Act, is a federal law that allows certain individuals to continue their employer-sponsored health insurance coverage for a limited period of time after their employment ends or they otherwise become ineligible for coverage. The law applies to employers with 20 or more employees, and it gives employees and their families the option to continue their health insurance coverage for up to 18 months after a qualifying event. The employee is responsible for paying the full cost of the coverage, which can be quite expensive. However, COBRA can be a valuable option for people who need to maintain their health insurance coverage while they look for new employment or transition to a new health insurance plan.

COBRA, or the Consolidated Omnibus Budget Reconciliation Act, is a federal law that allows certain individuals to continue their employer-sponsored health insurance coverage for a limited period of time after their employment ends or they otherwise become ineligible for coverage. The law applies to employers with 20 or more employees, and it gives employees and their families the option to continue their health insurance coverage for up to 18 months after a qualifying event. The employee is responsible for paying the full cost of the coverage, which can be quite expensive. However, COBRA can be a valuable option for people who need to maintain their health insurance coverage while they look for new employment or transition to a new health insurance plan.