The Consolidated Omnibus Budget Reconciliation Act (COBRA) gives workers and their families who lose their health benefits the right to choose to continue group health benefits provided by their group health plan for limited periods of time under certain circumstances. These circumstances include voluntary or involuntary job loss, reduction in the hours worked, transition between jobs, death, divorce, and other life events. Qualified individuals may be required to pay the entire premium for coverage up to 102 percent of the cost to the plan. Your Summary Plan Description (SPD) contains complete information about COBRA. See Plan Documents for your SPD and current COBRA rates.
COBRA-eligible individuals are encouraged to contact SHBP for more information about COBRA coverage.