A person who wants to continue health insurance coverage through your COBRA rights must pay the full premiums plus a 2 percent administrative fee.
When an employee leaves their job or has their work hours reduced, the Consolidated Omnibus Budget Reconciliation Act (COBRA), a health insurance program, gives eligible employees and their dependents the choice of maintaining their health insurance benefits.
Normally, COBRA coverage must be made available to employers who have 20 or more full-time equivalent workers. Depending on the circumstances, COBRA's health insurance coverage is only available for a limited time of 18 or 36 months.
Due to the fact that the newly unemployed person is responsible for covering the entire cost of the insurance, COBRA coverage is typically expensive.
COBRA isn't free. Participants frequently have to pay up to 102 percent of the plan's cost in administrative fees in addition to the full premium for their coverage, which includes both their portion and any prior employer payments.
Learn more about COBRA rights at https://brainly.com/question/14339711
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