The expense associated with maintaining health insurance coverage through the Consolidated Omnibus Budget Reconciliation Act (COBRA) after leaving employment at Amazon is a significant factor for former employees. This cost encompasses the premiums required to continue receiving health benefits previously provided during employment, typically covering medical, dental, and vision care.
Understanding these expenses is vital because it represents a potentially substantial outlay during periods of transition, such as job loss. While providing continued access to health coverage, COBRA necessitates the individual to bear the full cost of the premium, which includes both the employee and employer portions, plus an administrative fee. Historically, this legislation was enacted to bridge gaps in health insurance coverage, offering a safety net against lapses in care.
