Quote:
Originally Posted by Fuzz
So if you gamble and don't get COBRA, but then get in a car accident or some other traumatic event that puts you in hospital, can you apply then?
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Yes, that’s what I mean when I say you can elect into your plan via COBRA retroactively. You have 60 days from the “qualifying event” (ie. when your employer health insurance terminates) to elect into the plan.
So if my employer coverage terminated on January 31st, and I got into a car accident on February 1st, I would just elect into COBRA coverage for February. Then terminate COBRA within 60 days after my employer coverage was terminated and switch to a marketplace plan.