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The Consolidated Omnibus Budget Reconciliation Act or COBRA is what you are referencing. It allows you to keep your group coverage for a specific period of time provided you pay the premiums.

One very important point here that most people do not know. If you have a family that was covered on the group plan each is eligible independently, you do not have to enroll he whole group. Lilkewise you do not have o enroll the employee but can still enroll the dependents.

Say you have a dependent with ongoing medical needs but you are in good health and are willing to run the risk of going without coverage (NOT something I recommend). You can enroll that dependent only and drop coverage for yourself.

Also you have 60 days to enroll so take that time to look around for other options.

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Q: What is the federal law requiring employers to permit employees to continue their group health insurance coverage after termination?
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