Full Definition of POWWOW. 1. : an American Indian medicine man. 2. a: an American Indian ceremony (as for victory in war) b: an American Indian social gathering or fair usually including competitive dancing. 3. a: a social get-together b: a meeting for discussion.
The duration of COBRA benefits depends on the qualifying event. If the qualifying event is the employee's quitting, termination, or reduction in hours, COBRA benefits last for 18 months. If the qualifying event is the employee's death, the employee's divorce or legal separation, or the dependent's loss of dependent status under the plan, COBRA benefits last for 36 months.
The protection generally lasts up to 18 months, and you must opt for Cobra within 60 days of losing your job or of receiving formal notification that you are eligible for the program, whichever is later. The statute includes only companies with 20 or more employees that are continuing to offer a health plan.