Common use of Consolidated Omnibus Budget Reconciliation Act Clause in Contracts

Consolidated Omnibus Budget Reconciliation Act. of 1985 (COBRA) allows extended health and dental coverage to be made available in the following situations: (1) to employees who, voluntarily or involuntarily have terminated employment (except in cases of gross misconduct) or have had their hours reduced to such extent that they are ineligible for coverage; (2) to surviving spouses and dependents upon the death of an employee; (3) to spouses and dependent children in the event of a divorce; (4) to dependent children who exceed the plan’s age limitations; (5) to the spouses and dependents of employees who become eligible for Medicare coverage.

Consolidated Omnibus Budget Reconciliation Act. of 1985 (COBRA) allows extended health and dental coverage to be made available in the following situations: (1) to employees who, voluntarily or involuntarily have terminated employment (except in cases of gross misconduct) or have had their hours reduced to such extent that they are ineligible for coverage; (2) to surviving spouses and dependents upon the death of an employee; (3) to spouses and dependent children in the event of a divorce; (4) to dependent children who exceed the plan’s age limitations; (5) to the spouses and dependents of employees who become eligible for Medicare coverage.. Draft