Most people believe that individual health insurance and group health insurance are essentially the same thing and that the only difference is that one is sold to individuals and that the other is sold to employers and other group organizations (such as clubs) to cover employees or members of the organization. In fact it is [...]
Posts Tagged ‘Employment Status’
Individual Health Insurance Or Group Health Insurance?
December 29th, 2009 
admin 
Posted in Articles 
Tags: Budget Reconciliation Act, Cobra, Consolidated Omnibus Budget, Consolidated Omnibus Budget Reconciliation, Consolidated Omnibus Budget Reconciliation Act, Employment Status, Group Health Insurance, Group Health Plans, Group Organizations, Group Plan, Health Cover, Health Insurance, Individual Health Insurance, Insurance Company, Insurance Health, Insurer, Omnibus Budget Reconciliation, Omnibus Budget Reconciliation Act, Proof Of Insurability, Union Trust 
No Comments »Understanding COBRA Health Insurance
November 3rd, 2009 admin COBRA is the acronym for ‘The Consolidated Omnibus Budget Reconciliation Act’ set up in 1985 and this law states that the health insurance cover of an employee will continue for at least 18 months after termination of employment. There are some cases where the limit extends to as much as 29 to 36 months and [...]
Posted in Articles Tags: Acronym, Beneficiaries, Cobra Health Insurance, Cobra Insurance, Consolidated Omnibus Budget, Consolidated Omnibus Budget Reconciliation, Eligible Employee, Eligible Employees, Employment Status, Expiry, Group Health Plan, Group Insurance Scheme, Group Rate, Health Insurance, Law States, Omnibus Budget Reconciliation, Rough Patch, Surcharge, Termination Of Employment, Time Limit No Comments »