Compliance & legal
COBRA (Consolidated Omnibus Budget Reconciliation Act)
The federal law that lets eligible employees and dependents continue group health coverage for up to 18-36 months after losing eligibility (job loss, hours reduction, divorce, etc.). The former employee pays the full premium plus a 2% admin fee. Applies to employers with 20+ employees; smaller employers follow state mini-COBRA rules.Last reviewed: · TMRW Benefits is a benefits brokerage, not a tax or legal advisor. Consult a CPA or attorney for situation-specific guidance.
More in Compliance & legal
ERISA (Employee Retirement Income Security Act of 1974)
Federal law governing most private-sector benefit plans.
ACA (Affordable Care Act)
2010 federal law restructuring U.S. health insurance markets.
HIPAA (Health Insurance Portability and Accountability Act of 1996)
Federal law protecting health information privacy.
Section 125 (Cafeteria plan)
IRS code allowing pre-tax benefits payments.
Premium-only plan (POP)
Simplest Section 125 plan. Pre-tax premiums only.
MEC (Minimum Essential Coverage)
Coverage level satisfying ACA mandate requirements.
Have a benefits question?
Ask a benefits advisor.
Jesse reads every contact submission personally. If your question is straightforward, you'll get a written reply. If it needs a call, we'll set one up.