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.
Enacted in 1986, COBRA is a complex law that requires employers to make group health insurance benefits available to all laid-off or voluntarily-terminated employees for at least 18 months from their termination date. Once you leave your job, you can wait up to 60 days before electing to receive COBRA benefits.