When it comes to navigating the world of employee benefits, there’s a lot to take in, especially if you’re a first timer. Among the suite of benefits you’re likely to be offered, voluntary benefits are often misunderstood. What are Some Examples of Voluntary Benefits? Voluntary benefits include a variety of options, all designed to...
What is COBRA?
COBRA coverage is an elective benefit which helps to continue your insurance coverage when it would otherwise be lost due to:
- Voluntary or involuntary termination (in most cases)
- Hour reduction
- Death of employee
- Divorce or legal separation from employee
- Loss of dependent status
- Medicare entitlement of employee
- Employer bankruptcy
For more information about COBRA, visit https://advantageadmin.com/cobra/.