Is cobra a state run insurance company?
No, COBRA gives you the right to keep your health insurance coverage after you leave your employer - it's not a company.
Answered
by Tom W.
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About Cobra Insurance
COBRA is the Consolidated Omnibus Budget Reconciliation Act of 1985. It requires most employers with group health plans to offer employees the opportunity to continue temporarily their group health care coverage under their employer's plan if their coverage otherwise would stop because of termination, layoff, or other change in employment status.
About Health Insurance
Health insurance is a type of insurance that is accepted a medical establishments and can help defer the balance of a regular visit or an emergency situation. As with any insurance, a monthly fee is required.
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