COBRA, or the Federal Consolidated Omnibus Budget Reconciliation Act of 1985, is a federal law that permits departing employees to continue the group coverage provided by their employer for up to 18 months. If you qualify for a COBRA health insurance plan, you have the right to continue the group coverage provided by your employer and the group health insurance plan administrator must provide you with the necessary forms to begin COBRA health insurance coverage. In most situations, the departing employee will be responsible for the full 100% of the total health insurance cost plus a processing fee.

Given the often high costs associated with COBRA health insurance, this extension is generally only used to allow the departing employee time to find individual or family health insurance at an affordable price. With MyInsuranceExpert.com, you can quickly and easily find a variety of health insurance plans to meet your needs. MyInsuranceExpert.com provides you with the tools and information you need to compare the rates and features of a variety of health insurance plans in Michigan.