<figure class="wp-block-image size-large hts-content-image"><img src="https://images.unsplash.com/photo-1694265113831-7d17249f50b5" alt="Understanding COBRA Insurance: What You Need to Know"/></figure>
<h2>What is COBRA Insurance?</h2><p>COBRA, or the Consolidated Omnibus Budget Reconciliation Act, is a vital resource for many individuals facing job-related transitions. It enables qualified workers to maintain their group health insurance after experiencing changes in eligibility. This continuity is crucial for individuals navigating life events such as job termination, reduced hours, or personal circumstances like divorce.</p><h2>Eligibility for COBRA Coverage</h2><p>To qualify for COBRA insurance, certain criteria need to be met. Your employer must provide a group health plan covered by COBRA, and a qualifying event must occur. For instance, if a covered employee loses their job or their hours are reduced, they and their dependents may be eligible. The eligible beneficiaries include current employees, spouses, former spouses, and dependent children.</p><h2>Duration of COBRA Benefits</h2><p>The length of time you can enjoy COBRA benefits depends on the specific qualifying event. Generally, individuals can receive coverage for 18 months following job loss or reduced hours. In certain circumstances, such as divorce or the loss of health coverage for dependents, this period may extend up to 36 months. To ensure you receive your COBRA benefits, it&#8217;s essential to promptly inform your employer&#8217;s health plan administrator of any qualifying events.</p>
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