December 29, 2006, Newsletter Issue #146: COBRA

Tip of the Week

If you have 20 or more employees, you are subject to a law known as the Consolidated Omnibus Budget Reconciliation Act of 1985, better known as COBRA. COBRA requires employers to offer individuals who would otherwise lose benefit protection the option of continuing to have group health care plan coverage. (From the CCH Business Owner´s Toolkit)

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