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COBRAsearch for term: An abbreviation for the Consolidated Omnibus Budget Reconciliation Act of 1985. It is a federal law that allows you to continue health insurance on your own when it might otherwise have ended, either by unemployment or divorce. Typically COBRAAn abbreviation for the Consolidated Omnibus Budget Reconciliation Act of 1985. It is a federal law that allows you to continue health insurance on your own when it might otherwise have ended, either by unemployment or divorce. Typically COBRA can be extended anywhere from 18 to 36 months following the event. can be extended anywhere from 18 to 36 months following the event.

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