COBRA effective dates?

COBRA notification and effective dates:

1. Within 14 days after termination your employer must notify you of your rights under COBRA.

2. Within 60 days after your termination, you have the right to elect COBRA coverage (retroactive to the date of termination).

3. Within 45 days after you elect coverage, you must pay the entire premium due

So, your strategy is as follows:

a) Do nothing between your termination date and your new job date.

b) Elect coverage ONLY IF you need coverage. You will know this within one week.

c) Pay premium due upon election of coverage.

You can purchase it retroactively. This is not really ethical, but the law says it is allowed.

The one problem is that if the "something" that happens leaves you in a coma or otherwise incapable of remembering to purchase the COBRA.

whether this might artwork, which I doubt, do no longer try it. Any ruin in coverage, whether the hollow is merely 3 months, will provide the coverage organisation an excuse to no longer pay for scientific look after something that it calls a "preexisting" concern for the 1st 12-18 months after coverage resumes. procuring a coverage for a quick volume of time in the time of which you do no longer use that's a lots extra appropriate deal than procuring coverage for a lots longer time in the time of which you're technically lined however the coverage organisation won't pay for issues.