If my husband elects to go on to COBRA within the 60 day period, can I go on at a later date or do we both have to apply at the same time?
No, you can not add people to COBRA after the election period. You are not required to keep all the same qualified beneficiaries on it as there were prior to leaving the job, but you will not be permitted to add people after the elections period.
If you are fairly healthy and still want to remain insured, more affordable insurance alternatives to COBRA may be available based on where you live. 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. For more information and pricing, you can call us at 1-877-262-7241 or complete a free quote online.