| cobra |
Short for Consolidated Omnibus Budget Reconciliation Act. A federal law under which group health plans sponsored by employers with 20 or more employees must offer continuation of coverage to employees who leave their jobs and their dependents. The employee must pay the entire premium. Coverage can be extended up to 18 months. Surviving dependents can receive longer coverage.
Ãâó: www.beinsurancesmart.com/insurance-glossary.html
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| cobra |
Cost of Base Realignment Actions (COBRA), is an analytical tool used to calculate the costs, savings, and return on investment, of proposed realignment and closure actions.
Ãâó: www.defense.gov/brac/definitions_brac2005.html
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