If I have not received any information yet, does that mean I am not covered? Will there be a lapse in coverage?
You Are Not Yet Covered Under COBRA Until You Make Your Premium Payment
No. Your employer legally has up to 45 days to get to you the information you need to elect COBRA. If you need to seek medical treatment within the time period it takes for you to get information from your employer and the time you sign up and make your payment, you may have to be reimbursed for your treatment. As soon as you sign up for COBRA insurance, (before the deadline) and make your premium payment, your insurance coverage is then retroactively set to the last day you had your health plan. There will be no lapse in coverage.
Or, Save Money With Short-Term Medical Insurance
If you are fairly healthy and still want to remain insured, alternatives to COBRA insurance may be available based on where you live. Short-term health insurance is a popular option and available in most states. This can protect you from high medical costs of new injuries or new illnesses that unexpectedly occur while allowing you to use any licensed doctor. Coverage is available up to $1 million per person.
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