What does COBRA stand for?

COBRA Knowledge Quiz

Quiz
•
Mathematics
•
9th Grade
•
Hard
Sharon Wilkerson
FREE Resource
25 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Consolidated Omnibus Budget Reconciliation Act
Comprehensive Omnibus Budget Reconciliation Act
Consolidated Omnibus Benefit Reconciliation Act
Comprehensive Omnibus Benefit Reconciliation Act
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main purpose of COBRA?
To allow you to keep your employer's health insurance after losing your job
To provide free health insurance to unemployed individuals
To offer discounted health insurance plans
To mandate health insurance for all employees
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
COBRA applies to companies with how many employees?
20+ employees
10+ employees
50+ employees
100+ employees
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Under COBRA, what is the cost responsibility for the health plan?
You pay the full cost
The employer pays the full cost
The government subsidizes the cost
The cost is shared between you and the employer
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When can you use COBRA?
If you lose your job due to gross misconduct
If your work hours are reduced, making you ineligible for the company's health plan
If you experience certain life events
If you voluntarily quit your job
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT a reason to use COBRA?
Losing your job (except for gross misconduct)
Experiencing certain life events
Voluntarily quitting your job
Reduction in work hours making you ineligible for health plan
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of these events might be the most common reason for using COBRA?
Death of the employee
Divorce from the employee
Child no longer qualifies as a dependent
Employee becomes eligible for Medicare
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