Enrolling in COBRA
COBRA is a federal program giving employees and their dependents the opportunity to continue their employer group health benefits for limited periods of time when coverage would otherwise cease. COBRA insurance isn’t typically subsidized by the employer, which means you may pay the full cost of the group premium.
You generally have 60 days to enroll in COBRA. Once you elect COBRA coverage, it’s retroactive to your last day worked.
Speak to your employee benefits center or to your employer’s human resources department to confirm your COBRA eligibility. You may be eligible for COBRA if:
Your employment is terminated (includes retirement).
Your hours are reduced (includes leaves, layoffs, and furloughs).
You're covered under your spouse’s plan, and your spouse passes away.
You lose coverage due to divorce.
You're covered under a parent's plan, and the parent passes away.
You're a dependent child and lose coverage due to aging out.