“Subsidized COBRA in Severance – What’s that?”
Sklover Working Wisdom
JULY 19, 2016
The Federal “COBRA” law gives almost all laid off employees a right to remain on their employer’s health plan for up to 18 months. is entitled to remain on their employer’s healthcare insurance plan under a federal law nicknamed “COBRA.” ” Quite often this percentage is the same percentage the employer previously paid while the employee was then employed. Question: Dear Alan: I was recently laid off from my job in pharmaceutical sales, and received a small severance.