This Act of 1986 directs that employers of more than twenty employees who maintain a group medical plan must allow certain minimum provisions for continuation of benefit coverage.The Act's continuation provisions require that former employees, their spouses, divorced spouses, and dependent children be allowed to continue coverage at the individual's own expense upon the occurrence of a qualifying event.Identify this Act.
A)Consolidated Omnibus Budget Reconciliation Act
B)Health Insurance Portability and Accountability Act
C)American Recovery and Reinvestment Act
D)Public Company Accounting Reform and Investor Protection Act
E)Gramm Leach Bliley Act

Question

Quizplus · Accepted Answer

The Consolidated Omnibus Budget Reconciliation Act (COBRA) of 1986 is the legislation that mandates employers to provide continued health insurance coverage to employees and their families after an employee loses their job or experiences a reduction in work hours.

This Act of 1986 Directs That Employers of More Than