Displaced workers can retain their group medical coverage for up to 18 months for themselves, and for up to 36 months for their
dependents, if they pay the premium themselves (Federal stimulus programs enhanced this coverage for displaced workers) Mandates that an employer continue to provide health care coverage for a time after employees leave the organization
Consolidated Omnibus Budget Reconciliation Act (COBRA) is the Federal which gives continuous health cover to private employees.
Explanation:
Federal law that requires most employers to provide continuing health insurance coverage to employees and their dependents who are no longer eligible for the company's health insurance program That is., in case of job loss or any qualifying event.
It provides the financial security of the workers and it is considered to be the landmark federal law which covers the employees own self and its family members. COBRA only applies to health plans offered by private-sector employers with more than 20 employees, as well as to state and local governments. It doesn't apply to the federal government, churches, or some church-related organizations.
