COBRA has not lost its bite ? Business Management Daily: Free ...

Q. Did the new health care law eliminate COBRA and, if so, when does this take effect? S.R.J., Minneapolis

A. The Affordable Care Act does not repeal the long-standing law known as COBRA (short for ?Con?soli??dated Omnibus Budget Reconciliation Act?). Under COBRA, an employer with 20 or more employees must offer to continue health insurance coverage for a departing employee for up to 18 months. The maximum continuation period is extended to 29 months for an employee who suffers a disability; 36 months for a spouse or dependent facing loss of coverage due to death, divorce or legal separation.

Tip: If an employee elects continued coverage, he or she generally has to pay the full cost of the premiums plus a 2% administrative fee.

Like what you've read? ...Republish it and share great business tips!

Attention: Readers, Publishers, Editors, Bloggers, Media, Webmasters and more...

We believe great content should be read and passed around. After all, knowledge IS power. And good business can become great with the right information at their fingertips. If you'd like to share any of the insightful articles on BusinessManagementDaily.com, you may republish or syndicate it without charge.

The only thing we ask is that you keep the article exactly as it was written and formatted. You also need to include an attribution statement and link to the article.

" This information is proudly provided by Business Management Daily.com: http://www.businessmanagementdaily.com/33844/cobra-has-not-lost-its-bite "

Source: http://www.businessmanagementdaily.com/33844/cobra-has-not-lost-its-bite

baylor april 9 albatross louis oosthuizen phil mickelson 10 year old gives birth c. difficile