COBRA |
| Consolidated Omnibus Budget Reconciliation Act. Federal law that ensures employees can retain health coverage for up to 18 months if they leave their job. Conditions include a prior history of group health coverage in a company with more than 20 employees. The insured person must pay the full premium. Coverage is extended to the covered person’s dependents. |
|
|
|
MortGage Glossary And Calculator |
|
Financial Glossary |