The Consolidated Budget Reconciliation Act (COBRA) provides for continuation of health insurance after a divorce for up to 36 months. The qualified beneficiary must notify the plan administrator within 60 days after the divorce or legal separation.
In most cases the premium costs will come as a shock. Many employers pay a portion of the premium costs for the employee and legal dependents. Coverage paid for under COBRA loses the employer contribution and reveals the true cost of coverage.
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In most cases the premium costs will come as a shock. Many employers pay a portion of the premium costs for the employee and legal dependents. Coverage paid for under COBRA loses the employer contribution and reveals the true cost of coverage.