All You Need to Know About Consolidated Omnibus Budget Reconciliation Act (COBRA)

Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA) is for those who have lost their jobs. The program is designed to provide assistance to Americans in support of insurance in case of loss of official employment. The free option depends on the reasons for losing your source of income. If the fault was noncompliance with duties, alcoholism or something similar, it is not possible to participate.

Insurance for Existing Diseases

If a citizen already has a problem, for example, there has been a stroke before, diabetes has been identified (the stage does not matter), a fracture with serious complications, etc., then the state has developed and is using the PCIP federal plan. It is intended for people with “high risks”. To be able to use it, you must:

• be in the status of “uninsured” for six months;
• have a serious illness;
• have a written waiver from the insurance company in the design of the policy.

For this category of people, protection is provided in accordance with the Act “On the Accessibility of Medical Care and Guarantees of Patient Protection”. It allows access to medical insurance, regardless of diseases and the current state of health. A comparative analysis shows that in the Russian Federation such citizens remain unprotected.