One you receive the COBRA insurance election form, you have 60 days to determine if you want COBRA health insurance and to send in the form. If you do decide to sign up for COBRA, your health insurance coverage will be retroactive back to the day you would have lost coverage. Also, you will be responsible for paying any premiums for that time when you sign up. That means if you wait the full 60 days to sign up, you will have to pay 2 months of premiums.
Posted in: COBRA Insurance Frequently Asked Questions