Qualifying event
Encyclopedia
A qualifying event is an event that results in the loss of employer sponsored benefits due to which a qualified beneficiary (employee and the dependants) is eligible for COBRA
Cobra
Cobra is a venomous snake belonging to the family Elapidae. However, not all snakes commonly referred to as cobras are of the same genus, or even of the same family. The name is short for cobra capo or capa Snake, which is Portuguese for "snake with hood", or "hood-snake"...

 benefits.
Examples of qualifying events - End of employment, reduction in working hours
Working time
Working time is the period of time that an individual spends at paid occupational labor. Unpaid labors such as personal housework are not considered part of the working week...

of the employee, divorce from the employee etc.
The source of this article is wikipedia, the free encyclopedia.  The text of this article is licensed under the GFDL.
 
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