Coordinating Conundrum: COBRA, ACA And Severance

Law360, New York (May 27, 2014, 2:04 PM EDT) -- In a common occurrence throughout corporate America, a terminated employee will, as a result, lose her company-provided health care coverage. To obtain health care coverage, the employee has two options: (1) elect health care coverage for up to 18 months under the Consolidated Omnibus Budget Reconciliation Act or (2) purchase coverage by utilizing the marketplace established pursuant to the Affordable Care Act....

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