consolidation omnibus budget reconciliation act of 1985
Applys to: Recently terminated employees who want to continue their medical
benefits.
Positive: exact same plan as while employed.
Negative: employee must pay whatever the employer did + 2% administrative
fee.
Terms: Is valid for 18-36 months and the employer administers it as follows:
1.Terminated for any reason but gross misconduct => up to 18 months.
2.Hours were reduced: up to 18 months
3.If either one or two happens and employee is dis