This title provides a comprehensive overview of the basic concepts of COBRA, and discusses some of the relevant cases, latest statutes and regulations with which all corporate counsel should be familiar. Topics include employers and plans subject to COBRA, qualifying events, qualified beneficiaries, duration of COBRA coverage, notice and election procedures, remedies and penalties, calculation and payment of COBRA premiums, flexible spending accounts, conversion rights, preemption, state health continuation laws, mergers and acquisitions, compliance and audit checklists, drafting COBRA provisions, federal laws, international law issues, and materials on the Trade Act of 2002.