"COBRA" Consolidated Omnibus Budget Reconciliation Act of 1985. BIG has partnered with industry leaders to offer our clients online Cobra Administration Services, at no cost to our clients.
COBRA is the Federal Health Care Continuation Law. COBRA requires that if an employee or other "qualified beneficiary" loses employer-provided health coverage due to termination of employment or another specified "triggering event," the group health plan must offer continued health care coverage to the qualified beneficiary. The qualified beneficiary may be (and typically is) required to pay the full cost for the coverage.