Do you know what the rules are for COBRA for store folks?
Thank you!
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Cobra IS retroactive:
https://www.cms.gov/CCIIO/Programs-and-Initiatives/Other-Insurance-Protections/cobra_qna.html
Qualified beneficiaries must notify the plan administer of their election according to the instructions laid out in the election notice. 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. COBRA coverage is retroactive if elected and paid for by the qualified beneficiary.
COBRA is not retroactive. You have a set timeframe to enroll after your employment ends, and you can keep it up to 18 months. It's much more expensive, but it allows you to keep your medical and dental coverage for a while.
The big thing about COBRA is it is retroactive. That means you don't need to pay for it now, but if you need to use it next month you can pay for both months and you're covered. So don't worry about paying for it now, just know it's there if something happens.
For now
Thank you @dlz
I was a cash office lead 20 plus years. I got cobra for dec and Jan. 790.00 a month.
COBRA = Consolidated Omnibus Budget Reconciliation Act of 1985
https://en.wikipedia.org/wiki/Consolidated_Omnibus_Budget_Reconciliation_Act_of_1985
What is COBRA?