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CONSOLIDATED OMNIBUS BUDGET RECONCILIATION ACT (COBRA) Processing of COBRA: Continuation of Coverage Forms The Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA) requires that certain
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Consolidated Omnibus Budget Reconciliation Act (COBRA) is a federal law that requires employers with 20 or more employees to offer continuation of health coverage to their employees and their dependents when they lose their group health coverage due to specific events.
Employers with 20 or more employees are required to offer COBRA coverage and must file the necessary paperwork.
To fill out COBRA paperwork, employers must provide specific information about the qualifying event, the individuals eligible for coverage, the continuation coverage options, and the premium costs.
The purpose of COBRA is to provide employees and their dependents with the opportunity to continue their group health coverage for a limited period of time when they would otherwise lose coverage.
COBRA paperwork must include details about the qualifying event, the individuals eligible for coverage, the continuation coverage options, and the premium costs.
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