Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA) and the University of Maine System
The Consolidated Omnibus Budget Reconciliation Act (COBRA)
The Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA) provides for continued health insurance coverage at employees’ own expense if the employee, their spouse, or their dependents lose medical insurance, dental insurance, vision insurance, or Healthcare Flexible Spending Account (FSA) coverage because they terminate employment (for reasons other than gross misconduct); their work hours are reduced below the eligible status for these benefits; they die, divorce, or are legally separated; or a child ceases to be an eligible dependent. Applicable monthly COBRA rates are generally 102% of total premiums except for the FSA which regular monthly payments are made on an after-tax basis. Consult the appropriate Summary Plan Descriptions for more details.
COBRA continuation coverage for 2025 will be administered by:
Payment & Election Mailing Address WEX Health Inc PO Box 2079 Omaha, NE 68103-2079
