COBRA

COBRA
The Consolidated Omnibus Reconciliation Act (COBRA) allows employees to remain under their employer-sponsored health plan in the event that they leave the job or have reduced hours that do not let them qualify for the coverage. Employers with more than 50 full-time employees are required to offer health insurance and […]

COBRA Explained

 in Health / life / Medicare  tagged COBRA / Consolidated Omnibus Budget Reconciliation Act / group health insurance / health insurance / how to qualify for COBRA / what is COBRA by
Millions of Americans are currently staying indoors as stay-at-home orders across the nation continue. With most Americans receiving health coverage through their job or a family member’s job, how has COVID-19 affected those who risk losing their Employer-Sponsored Insurance (ESI) plans? From a previously released estimate from the U.S. Census […]

How COVID Has Affected Employer-Sponsored Plans

 in Health  tagged $1.6 billion expedite covid vaccine / COBRA / coronavirus / covid-19 / Employer-sponsored plans / Health isnruance / How COVID-19 has affected insurance / SEP by
How does your state rank in the percentage of those uninsured? A new report by Families USA has given us an updated list of the highest uninsured rate by state population for 2020. These numbers have dramatically increased since the beginning of COVID-19. With close to 5.4 million Americans losing […]

Uninsured Rate By State Rankings

 in Health  tagged Americans losing their coverage / COBRA / CVOID-19 / highest uninsured rate by state / Record-Breaking Numbers for uninsured / SEP / State rankings for insured / Uninsured Rate By State Rankings by
David Russell, one of Empower Brokerage’s Regional Sales Directors, answers the question, “What is COBRA health insurance?” COBRA stands for the Consolidated Omnibus Budget Reconciliation Act. What COBRA health insurance does is it gives workers and their families who lose health benefits the right to choose to continue their group […]

What Is COBRA Health Insurance?

 in Health  tagged COBRA / health insurance basics / healthcare providers / insurance and government / SEP by
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The Centers for Medicare and Medicaid Services (CMS) have included in their recent ruling an incentive to maintain continuous coverage. They’re incentivizing individuals to keep their policy, or rather they’re penalizing people for dropping coverage. If someone goes a few months without coverage, then they’re going to have to pay more […]

Per CMS ruling, Individuals Must Maintain Continuous Coverage

 in Health  tagged aca / CMS / COBRA / health insurance basics by