Consolidated Omnibus Budget Reconciliation Act definition

Consolidated Omnibus Budget Reconciliation Act or "COBRA" means continuation coverage as administered under 42 U.S.C. Secs. 300bb-1 through 300bb-8.
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Consolidated Omnibus Budget Reconciliation Act or "COBRA" means the federal law administered by a governmental plan under Title XXII of the Public Health Service (PHS) Act, 42 U.S.C. 300bb-1 through 300bb-8.
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Consolidated Omnibus Budget Reconciliation Act of 1985 or COBRA ” coverage provided under a right of continuation pursuant to federal law.
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Examples of Consolidated Omnibus Budget Reconciliation Act in a sentence

  • We will help you sort out many of the widely used benefit acronyms you will encounter and help you gain a better understanding of how regulations like the Affordable Care Act (ACA), Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA), Employee Retirement and Income Security Act (ERISA), the Internal Revenue Code (IRC) impact your benefit plans and why compliance is so important.

  • The right to COBRA continuation coverage was created by a federal law, the Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA).

  • The pro se plaintiff’s claims arise from her employment and termination with Macy’s, termination of her disability benefits and termination of her health care coverage under the Consolidated Omnibus Budget Reconciliation Act (COBRA).

  • Consolidated Omnibus Budget Reconciliation Act (COBRA) The right to COBRA continuation coverage was created by a federal law, the Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA).

  • Termination of the GroupThe coverage of all Participants will terminate if the group is terminated in accordance with the terms of the Plan.Continuation of Group Coverage - FederalCOBRA Continuation - Federal Under the provisions of the Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA), Participants may have the right to continue coverage after the date coverage ends.

  • For purposes of this plan, the term Employee will also include those individuals who are no longer an Employee of the Employer, but who are participants covered under the Consolidated Omnibus Budget Reconciliation Act (COBRA).

  • For purposes of this Plan, Domestic Partners are eligible beneficiaries for continuation under the Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA).

  • Thereafter, the continuation coverage period under the Consolidated Omnibus Budget Reconciliation Act of 1985 (“COBRA”) will start, and the Executive may continue such coverage at standard COBRA rates.

  • Notice of COBRA Continuation RightsThe Employer is responsible for providing the necessary notification to Participants as required by the Consolidated Omnibus Budget Reconciliation Act of 1985 and the Tax Reform Act of 1986.For additional information regarding your rights under COBRA continuation, refer to the Continuation Coverage Rights Notice in the NOTICES section of this Benefit Booklet.

  • However, the employee may elect to continue health and dental insurance coverage under the Consolidated Omnibus Budget Reconciliation Act (COBRA).


More Definitions of Consolidated Omnibus Budget Reconciliation Act

Consolidated Omnibus Budget Reconciliation Act means the Consolidated Omnibus Budget Reconciliation Act of 1985, as amended.
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Consolidated Omnibus Budget Reconciliation Act of 1986, as amended.
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Consolidated Omnibus Budget Reconciliation Act. ("COBRA") or any collective bargaining agreement. The Sellers, however, do not assume any liability relating in any way to the Company's employees, former employees, officers or directors hired after the Closing, including liability under any employee benefit plans sponsored by the Buyer or arising under the WARN Act, COBRA or any collective bargaining agreement to which the Buyer is a party to the extent any such liability arises from the Buyer's acts or omissions after the Closing Date. The Sellers shall indemnify the Buyers with respect to WARN Act liabilities arising as a result of the transactions contemplated by this Agreement as provided in SECTION 10.
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Related to Consolidated Omnibus Budget Reconciliation Act

  • Consolidated refers to the consolidation of accounts in accordance with GAAP.

  • COBRA means the Consolidated Omnibus Budget Reconciliation Act of 1985, as amended.

  • Consolidated federal income tax return means a consolidated return filed for federal income tax purposes pursuant to section 1501 of the Internal Revenue Code.

  • Consolidated federal taxable income means the consolidated taxable income of an affiliated group of corporations, as computed for the purposes of filing a consolidated federal income tax return, before consideration of net operating losses or special deductions. "Consolidated federal taxable income" does not include income or loss of an incumbent local exchange carrier that is excluded from the affiliated group under division (A)(1) of this section.

  • Consolidated Depreciation and Amortization Expense means, with respect to any Person for any period, the total amount of depreciation and amortization expense, including the amortization of deferred financing fees or costs, capitalized expenditures, customer acquisition costs and incentive payments, conversion costs and contract acquisition costs, the amortization of original issue discount resulting from the issuance of Indebtedness at less than par and amortization of favorable or unfavorable lease assets or liabilities, of such Person and its Restricted Subsidiaries for such period on a consolidated basis and otherwise determined in accordance with GAAP.