There are lots of questions and doubts surrounding the COBRA, hence here is an attempt to eliminate the doubts and provide clarification. Here are few common questions that people would like to know answers for regarding this Act.

COBRA Continuation Health Coverage- What is it ?

The government passed COBRA in the year 1986. This law amends the Internal Revenue Code,Public Health Service Act and the Employee Retirement Income Security Act , in order to offer continuous group health coverage, which otherwise would have been terminated.

What does COBRA perform?

It provides the right to temporary continuation of insurance (health) coverage at group rates to former employees, spouses, retirees, former spouses and dependent children.

When is this coverage available?

It is only available when the coverage is lost due to a particular reason.

To be Continued….

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Based on the stimulus bill passed by Obama administration, I am sure you guys are going to have a lot of questions regarding the COBRA Package. I am going to try and answer some of them. And hopefully this information ends up helping you and your friends. After all in this economy, you never know who ends up being laid off and that is exactly when this package can help you and your family.

Q: First of all, everybody would like to know who qualifies for a COBRA grant?

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