• Home
  • Glossary
  • Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA)

Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA)

Definition

All groups having 20 or more employees are required by federal law -under the provisions of COBRA to provide expanded conversion privileges to covered employees and their dependents who are no longer eligible for group coverage for a specified amount of time. Unlike other laws, these provisions apply to groups with self-insurance programs.