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Today’s $$ Word: COBRA.

A health insurance plan which allows an employee who leaves a company to continue to be covered under the company’s health plan, for a certain time period under certain conditions. The system is designed to prevent employees who are between jobs from experiencing a lapse in coverage. 

By | 2017-01-23T08:55:13+00:00 June 17th, 2014|Word of the Week|0 Comments