If you have a job with health insurance, then you may not want to do anything to jeopardize your access to those benefits. What happens if you leave your job though? You may assume that you'll become uninsured if you do. That's not necessarily the case though. You may qualify for Consolidated Omnibus Budget Reconciliation Act (COBRA) coverage.
The Employment Retirement Income Security Act of 1974 (ERISA) is a piece of federal legislation that oversees administrators of certain private and public industry retirement, health insurance and other welfare plans. These groups must adhere to certain standards when responding to claims and inquiries about these different plans. Any administrator that fails to adhere to these protocols and deadlines may be exposed to legal liabilities.