Consolidated Omnibus Budget Reconciliation Act

COBRA coverage is a temporary option to continue Employer Group Health Plan (EGHP) coverage for individuals who lose their job or have their hours reduced depending on the size of the company a person works for.  

If you have COBRA, then become eligible for Medicare, your COBRA coverage may end. 

However, if you have Medicare already, then become eligible for COBRA, you may still enroll. COBRA will pay as a secondary insurance to Medicare.  Since Medicare is now primary a person needs to be enrolled in both Part A and Part B of Medicare. 

COBRA has no underwriting or waiting periods. It can fill in many Original Medicare gaps, such as prescription drugs, and may also cover some family members. 

The coverage, however, depends on your original Employer Group Health Plan. COBRA premiums can be expensive and you are limited in how long you can continue coverage. Please contact CLAIM to go over other insurance options that may be available to you. 

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