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Payment for Continuation Coverage

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  • Payment for Continuation Coverage
admin      -    9 Views
17Oct

Payment for Continuation Coverage

Persons buying COBRA coverage must pay the COBRA premiums established by the Trustees, which are subject to change.  The first COBRA premium is due 45 days after a person elects to buy coverage.  That initial payment will be for the premiums for the entire period from the date regular coverage ceased to the date of your payment.  There is no grace period for the initial payment.  Subsequent monthly installment payments are due within 30 days after the first day of each month of continuation coverage.

You will not be billed for COBRA premiums.  If any payment for continuation coverage is postmarked after the date that payment is due, the right to that COBRA coverage will terminate.

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