What is health insurance COBRA coverage?

The Consolidated Omnibus Budget Reconciliation Act of 1986 (COBRA) requires businesses with at least 20 employees to offer temporary extended health care plans to employees and their families in certain instances where coverage under the plan would otherwise end.  While several events can trigger the right to COBRA coverage, COBRA is important in some divorce cases because it permits a person to apply to his/her ex-spouse’s health insurance company for continued health insurance coverage for 3 years after the parties are divorced.  The person applying for the continued coverage, however, is responsible to pay for the insurance.