Use COBRA Insurance Coverage for Drug Rehab Treatment. May 20, 2024by Jaclyn What Is COBRA Insurance? COBRA stands for the Consolidated Omnibus Budget Reconciliation Act, which offers employees (and their families) short-term continued access to group health benefits when their access has been removed for specific qualifying reasons. A person may use COBRA for continuation coverage if they were working at a job with 20 or more staff members and lost their job or experienced reduced work hours.
Other common events that cause COBRA to come into effect are transition between jobs, getting laid off, divorce from the insured person, death of the insured person, or other life events that would suddenly cause a person to lose their insurance coverage. Transform Your Life Today Talk to Our Recovery Specialist Call Now: (877) 855-3470 Initiating COBRA Coverage After Employment Termination If you have left your job voluntarily or involuntarily due to qualifying events, you will also lose your health coverage.
Financial Aspects of COBRA for Drug Rehab.