What Is COBRA Insurance?

COBRA (Consolidated Omnibus Budget Reconciliation Act) is a federal law that allows you to temporarily keep your employer-sponsored health coverage after a job loss or another qualifying life event. While you get to keep the same plan, you must pay the full premium yourself, which is often very expensive.

How Long Does It Last?

• Up to 18 months for job loss or reduction in hours.
• Up to 36 months for dependents after events like divorce or the death of the covered employee.

How Mira Mace Can Help

Navigating the transition from employer coverage to Medicare can be tricky. If you're approaching Medicare eligibility while on COBRA, your advocate can ensure you enroll at the right time to avoid coverage gaps or late enrollment penalties. We help you understand all your options to make a seamless transition.