COBRA

“COBRA” stands for Consolidated Omnibus Budget Reconciliation Act and is a Federal law passed in 1985.

Basically, it gives most workers the right to continue group health insurance coverage for up to 18 months (and in some cases longer).

If you have a pre-existing health condition and are unable to get insurance, COBRA may be your only medical insurance alternative.

For more information see our Free Insurance Short Course.

HIPAA

“HIPAA” stands for Health Insurance Portability and Accountability Act and is a Federal law passed in 1996.

Basically, it prohibits discrimination against employees based on their health status or pre-existing conditions provided they remain insured with a HIPAA-compliant policy.

It also protects other important rights.

For more information see our FREE Insurance Short Course.