FOLIO Ontology

Continuation Coverage Plan

IRI:
https://folio.openlegalstandard.org/RBPE06pkN0gyjSOHBOlEwJI
Preferred Label COBRA Coverage Policy
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Definition

Continuation coverage plans, such as the Consolidated Omnibus Budget Reconciliation Act (COBRA) in the U.S., allow former employees to continue their employer-sponsored health insurance for a limited period after employment ends. The individual is generally responsible for the full premium cost plus an administrative fee.

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Additional Information

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