Cobra Election Timeline

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State:
Multi-State
Control #:
US-322EM
Format:
Word; 
Rich Text
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Description

The COBRA Continuation Coverage Election Form is a critical document for individuals wishing to elect COBRA continuation coverage after losing employer-sponsored health insurance. Users have 60 days from the notice's date to submit the Election Form to maintain their right to coverage. To effectively complete the form, users must enter their personal information, including name, date of birth, relationship to the employee, and Social Security Number. The form also allows additional beneficiaries to be listed. Completed forms must be mailed to a specified address and postmarked by the due date to be valid. If a user initially declines COBRA coverage, they can still elect it later, provided they submit the form before the deadline. This form is crucial for a wide audience including attorneys, partners, owners, associates, paralegals, and legal assistants, as it provides a structured way for clients to navigate their health coverage options during transitional periods.
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How to fill out COBRA Continuation Coverage Election Form?

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FAQ

While COBRA is temporary, in most circumstances, you can stay on COBRA for 18 to 36 months.

How long do I have to elect COBRA continuation coverage? Each qualified beneficiary has a maximum 60-day election period to elect continuation coverage. The last date to elect continuation coverage is reflected in the COBRA Election Notice. Each qualified beneficiary has independent election rights.

Q8: How long do I have to elect COBRA coverage? If you are entitled to elect COBRA coverage, you must be given an election period of at least 60 days (starting on the later of the date you are furnished the election notice or the date you would lose coverage) to choose whether or not to elect continuation coverage.

Election Period: The 60 day period following the date COBRA notice was provided to elect COBRA coverage. QB (Qualified Beneficiary) must elect COBRA during the Election Period. Initial Grace Period: The 45 day period following the date QB elected COBRA coverage.

Qualified beneficiaries must be given an election period of at least 60 days during which each qualified beneficiary may choose whether to elect COBRA coverage. This period is measured from the later of the date of the qualifying event or the date the COBRA election notice is provided.

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Cobra Election Timeline