I left my job and my insurance with them will end at the end of November. I got some information from Cobra that I have 2 months to pay my premium of $460 to accept Cobra coverage, or deny by not paying.
Here is my question: Since I have 2 months to pay the $460 premium to accept, let’s say the first week of the 60 days I get hurt and need to go to the hospital, but have not paid my premium, would Cobra cover me if I pay after my injury? I’m trying to figure out how this works. I guess I have to pay ASAP in order to be covered ASAP?
This is all so confusing to me.
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