What is COBRA,copay,deductibles ,hipaa

Question

Accepted Answer

1. COBRA (Consolidated Omnibus Budget Reconciliation Act)

A U.S. law that allows you to keep your employer-provided health insurance after leaving a job (usually up to 18–36 months).

You have to pay the full premium yourself, which can be expensive since the employer no longer contributes.

2. Copay (or Copayment)

A fixed amount you pay for a medical service (like $20 for a doctor visit), usually due at the time of the service.

It’s part of your insurance plan; the rest of the bill is covered by your insurance.

3. Deductible

The amount you must pay out-of-pocket each year before your health insurance starts covering expenses.

For example, if your deductible is $1,000, you have to pay that amount yourself first before insurance kicks in.

Accepted Answer

Cobra is a medication in pill from given too treat arectile dysfunction

Accepted Answer

Cobra :- cobra is the consolidated omnibus budget Reconciliation Act is a health insurance program which is allows the coverage in case employee have loss the job and reduction of some working hours Copay:- copay is flat fixed amount which is paid by insured Deductible:- Deductible is an amount which is pay for covered services before starts the insurance coverage.

Accepted Answer

COBRA is a health insurance program that allows eligible employees and their dependents the continued benefits of health insurance coverage when an employee loses their job or experiences a reduction of work hours. Below, we'll explore the basic details of COBRA, how it works, its eligibility criteria, pros and cons, and other features.

Accepted Answer

Cobra a group of health plan with 30 or more employees to offer continued health coverage for employees and depends for 18 months after the employees resign from the organization, copay is the fixed portion that policy holders have to pay towards their treatment expenses. Deductible is a fixed amount that policy holders have to bear before their insurance policy start contribute and cover the larger portion of the medical bill.

Accepted Answer

COBRA is an acronym for the Consolidated Omnibus Budget Reconciliation Act, which provides eligible employees and their dependents the option of continued health insurance coverage when an employee loses their job or experiences a reduction of work hours.

What is COBRA,copay,deductibles ,hipaa

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