Consolidated omnibus budget reconciliation act in economics and finance

371 views Jan 30, 2024

Hello everyone! Welcome to today's video, where we'll be exploring the Consolidated Omnibus Budget Reconciliation Act, more commonly known as COBRA. This legislation, enacted in 1985, has had a profound impact on the realm of economics and finance. By ensuring that employees have access to continued healthcare coverage, even after leaving their jobs, COBRA serves as a crucial safety net. Its provisions have far-reaching implications, not just for individuals, but also for businesses and the overall economy.

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