View All Financial Terms Following the loss of health benefits, employees have the right to opt into group health benefits temporarily if they have lost their job due to reduced work hours, job transition, other involuntary life events. Individuals that qualify do have to pay the premium independently. This law was passed in 1985Consolidated Omnibus Budget Reconciliation ActPrevious Terms: 1031 Exchange, 1035 Exchange, AARP, Abeyance, Abstraction Principle, Accelerated Amortization, Acceptance Credit, Acceptance of a Bill of Exchange, Accommodation Bill, Accommodation Endorser | Popular TermsStatutory LienExcess Insurance Consolidate Economy of Scale Group of 15 (G-15) Reconciliation Nominee Shareholding Futures Contract Fidelity Bond Derivative Contract Hedge Settlement Account Aggregation 1035 Exchange Repurchase Agreement Timing Option Additional Principle Payment Discretionary Cost Adjusted Basis Value Bank Run Amortizing Mortgage Graduated Payment Second Lien Debt Undistributed Profits Convertible Bond |