What is the meaning of Consolidated Omnibus Budget Reconciliation Act?

Also known as COBRA. Federal legislation that requires businesses of a certain size to keep former employees and their dependents on the group health plan for a limited period of time, provided the ex-employee pays the premiums.

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APABarry Goldsmith. (2010). consolidated omnibus budget reconciliation act. Retrieved October 1, 2026, from http://smartdefine.org/consolidated_omnibus_budget_reconciliation_act/definitions/1150548
ChicagoBarry Goldsmith. 2010. "consolidated omnibus budget reconciliation act" http://smartdefine.org/consolidated_omnibus_budget_reconciliation_act/definitions/1150548 (accessed October 1, 2026).
HarvardBarry Goldsmith 2010, consolidated omnibus budget reconciliation act, Smart Define, viewed 1 October, 2026, <http://smartdefine.org/consolidated_omnibus_budget_reconciliation_act/definitions/1150548>.
MLABarry Goldsmith. "consolidated omnibus budget reconciliation act" 21 October 2010. Web. 1 October 2026. <http://smartdefine.org/consolidated_omnibus_budget_reconciliation_act/definitions/1150548>