Ace the 2026 CPB Certification Exam – Bill Your Way to Success!

COBRA stands for the Consolidated Omnibus Budget Reconciliation Act of 1985. This legislation is significant because it allows individuals to continue their health insurance coverage for a limited period after certain life events, such as job loss or a reduction in work hours, that would otherwise lead to a loss of health benefits. COBRA plays an essential role in ensuring that individuals and families have access to health insurance during transitional periods, thereby preventing gaps in coverage that could lead to financial hardship or lack of necessary medical care. Understanding COBRA is crucial for professional billers, as it affects how billing and insurance claims are processed in the context of continued health coverage.