What are COBRA and Colorado Continuation?

The Consolidated Omnibus Budget Reconciliation Act (COBRA) is a federal law that gives certain employees and their dependents the right to choose to continue group health coverage (e.g. health coverage through their employer) provided by their group health plan for a limited period of time under certain circumstances, such as job loss or a reduction in work hours. Individuals who lose employer-sponsored coverage do not have to enroll in COBRA coverage. They will be eligible for a special enrollment period to apply and shop for health coverage through the Marketplace due to experiencing a qualified life change event. Colorado Continuation and Conversion was created by the Colorado legislature to fill gaps left by COBRA. Connect for Health Colorado does not administer COBRA or Colorado Continuation. Learn more about COBRA and Colorado Continuation or visit the Department of Labor’s website.

Related FAQs:
How does eligibility for and/or enrollment in other coverage affect my eligibility?
What is an Open Enrollment Period?
What is a Special Enrollment Period?
Am I required to have health insurance?