Cobra

Tools and Resources



WHAT IS COBRA?

COBRA (Consolidated Omnibus Budget Reconciliation Act) is part of a federal law that allows individuals who separate from employment the right to continue their current health insurance benefits.

In most cases COBRA provides you an opportunity to continue coverage for medical/prescription drugs, dental and vision for up to 18 months if you had coverage through Emory’s health plans at the time of your separation. You also have the option to continue participation in your Healthcare Flexible Spending Account through COBRA until December 31 of the year your employment terminates.

There are circumstances where coverage may be extended:

There may be some instances that allow you keep or to elect a different coverage; contact Emory's COBRA Administrator with questions for your specific circumstance.

Health Care Reform and the Health Care Exchanges

There may be other coverage options for you and your family and you may be able to buy coverage through the Health Insurance Marketplace. In the Marketplace, you could be eligible for a new kind of tax credit that lowers your monthly premiums right away, and you can see what your premium, deductibles, and out-of-pocket costs will be before you make a decision to enroll. Being eligible for COBRA does not limit your eligibility for coverage or a tax credit through the Marketplace. You can learn more about Health Care Reform at www.healthcare.gov.