COBRA is a topic that HR departments pay particular attention to since it grants terminated employees the ability to continue receiving coverage under group health plans.
The term termination of employment refers to the end of an employee’s work with a company. An employee may be terminated from a job of their own free will or following a decision made by the employer. Employers who execute a termination of employment may do so for a number of reasons, including downsizing, poor job performance, or redundancies.
An employee who is not actively working because of an illness, leave of absence, or furlough is still considered employed if the relationship with the employer has not been terminated employees formally with a notice of termination.
An employee has the right to voluntarily leave a corporation at any time. Typically, terminated employees when they find a better position with another organization, when they retire from the workforce, when they wish to take a break from working, or when they want to establish their own business.
Learn more about terminated employees here
brainly.com/question/28317499
#SPJ4
