Saturday, December 21, 2019

Consolidated Omnibus Budget Reconciliation Act Essay

The first feature is that the website provides detailed information regarding the Consolidated Omnibus Budget Reconciliation Act (COBRA). Rebecca, T. (n.d) states that COBRA was, â€Å"†¦established by the American Recovery and Reinvestment Act, to help workers who lose their jobs maintain their employer-sponsored health insurance.† This section of the website is broken down into sections for employees, employers, posters and flyers, videos, and general information The second feature is that it also provides consumer information on health plans from the department’s Employee Benefits Security Administration (EBSA). The Employee Benefits Security Administration is the agency that enforces the rules of the Title of the Employee Retirement Income†¦show more content†¦The laws discussed in this section are the Consolidated Omnibus Budget Reconciliation Act (COBRA), Health Insurance Portability and Accountability Act (HIPAA), Mental Health Parity and Addiction Equity Act (MHPAEA) and Mental Health Parity Act (MHPA), Newborns and Mothers Health Protection Act (Newborns Act), Womens Health and Cancer Rights Act (WHCRA), Genetic Information Nondiscrimination Act (GINA), and Michelles Law. The second way is for employers to utilize the health benefits laws self-compliance tools. There are two major sections listed under this link, HIPPA and other health care-related provisions and the affordable care act provisions. Employers can be used to compare the provisions of their plan to ensure they are compliant with HIPPA, affordable care act, and other health care-related provisions. The third way is for employers to utilize the reporting/disclosure guide for employee benefit plans. This is a reference tool that employers can utilize for reporting and disclosure provisions under ERISA. The fourth way is for employers to utilize the understanding your fiduciary responsibilities under a group health plan which provides a summary of the rudimentary fiduciary responsibilities pertaining to health plans that fall under the ERISA mandates. Employee Rights The succeeding paragraphs explain how employees can use this website to verify that their employee benefitsShow MoreRelatedHealthcare Is Necessary For Health Care2358 Words   |  10 Pagesof employment. Under the Consolidated Omnibus Reconciliation Act of 1985 (COBRA), the possibility of keeping health coverage even after a job loss is likely given that a specific type of event has occurred. What is COBRA? 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