Under the Consolidated Omnibus Budget Reconciliation Act (COBRA), many employees and their families who would lose group health coverage because of serious life events can continue it in the employer’s group health plan for a limited time, usually at their own expense. This booklet explains your rights under COBRA to a temporary extension of employer-provided group health coverage, called COBRA continuation coverage.
LO 9.3: Assess the trade-offs of different health insurance plans
Workers compensation and employers liability is a form of no-fault insurance provided by the employer for the employee. The employee gives up certain rights to sue in exchange for protection from injuries incurred on the job.
LO 9.4: Evaluate the differences among health care plans offered by private companies and by the government
A federal government website managed and paid for by the U.S. Centers for Medicare & Medicaid Services. 7500 Security Boulevard, Baltimore, MD 21244. Health Insurance Marketplace® is a registered trademark of the Department of Health and Human Services.
NC Medicaid manages the North Carolina Medicaid and NC Health Choice health care programs, pharmacy benefits and behavioral health services.
North Carolina Medicaid is the program that provides health care to eligible low-income adults, children, pregnant women, seniors and people with disabilities. The program is funded by North Carolina and the federal government.
NC Health Choice is our state's name for the Children's Health Insurance Program (CHIP). It provides health care to eligible children in addition to Medicaid. This program is also funded by North Carolina and the federal government.
LME-MCOs are local management entities-managed care organizations that contract with NC Medicaid to provide behavioral health and intellectual/development disability services to Medicaid beneficiaries.
LO 9.5: Explain the importance of disability income insurance in financial planning and identify its sources