Health insurance Glossary

Health insurance Glossary

CONSOLIDATED OMNIBUS BUDGET RECONCILIATION ACT (COBRA)*

CNSLDTD MNBS BDGT RCNCLTN CT (CBR)*

A law that lets some people keep their employer group health plan coverage for a period of time after: the death of your spouse, losing your job, having your working hours reduced, leaving your job voluntarily, or getting a divorce. You may have to pay both your share and the employer’s share of the premium. Generally, you also have to pay an administrative fee.

Related words
Origin of the term used within this page: https://data.cms.gov/

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