Industry Terms
>
COBRA

COBRA

Key terms image

COBRA Notification statement

A COBRA notification statement in insurance refers to a notice provided by employers to employees who are eligible for continued health insurance coverage under the Consolidated Omnibus Budget Reconciliation Act (COBRA).COBRA provides individuals with the option to continue their group health insurance coverage for a limited time after certain qualifying events, such as job loss or reduction in work hours.

COBRA Qualifying event

A COBRA qualifying event in insurance refers to a specific event that results in an individual's eligibility for continued health insurance coverage under the Consolidated Omnibus Budget Reconciliation Act(COBRA). COBRA provides individuals with the option to continue their group health insurance coverage for a limited time after certain qualifying events, such as job loss or reduction in work hours. 

Consolidated Omnibus Budget Reconciliation Act (COBRA)

The Consolidated Omnibus Budget Reconciliation Act (COBRA)is a federal law that provides individuals with the option to continue their group health insurance coverage for a limited time after certain qualifying events, such as job loss or reduction in work hours. COBRA allows individuals to maintain their health insurance coverage during a period of transition, and ensures that they have access to the same benefits and coverage as they did when they were employed.

Mployer Advisor
— Written By
Popular Blogs

Next Up

2026 Benefits State of the Union: Vision Benefits
Vision is the most commonly offered ancillary benefit in employer-sponsored plans — 89% of employers offer it nationally, higher than dental, higher than life insurance, and higher than any voluntary benefit. And yet vision is also one of the most underfunded benefits in the market.
2026 Benefits State of the Union: Dental Benefits
Dental benefits are not your largest cost center. For most employers, dental represents a fraction of what medical costs per covered employee annually. But dental is one of the highest visibility benefits in your package: employees use it, notice it, and talk about it. When it’s good, it builds goodwill. When it’s inadequate (low maximums, no orthodontia, zero employer contribution) it registers as a signal that the employer isn’t invested in the total package.
2026 Benefits State of the Union: Self-Funding & Plan Funding Strategies
How an employer funds its health plan sits quietly in the background of every benefits decision. Most CHROs and CFOs know their premium cost. Fewer understand the mechanics of how their plan is actually structured: who holds the risk, who administers the claims, how costs flow, and what flexibility, if any, they have to change any of it.
Contact Us
Industry Leading Content
BlogKey Definitions
© 2026 Mployer
LinkedIn
LinkedIn
LinkedIn
Manage cookies
Legal
Privacy