Image: Shutterstock. But even among people with a pacemaker, death due to cardiac problems is very common. If we extend the light- power switch analogy, there may be a lot of reasons the light doesnât turn on, although the switch has been flipped: the light bulb may be non-functional or the cable may have been cut.
The employer has 30 days to notify the plan administrator of the termination and the plan administrator has an additional 14 days after notification of the employer to notify you in wirting of your COBRA rights. Ask a similar question.
Letâs look at a few different scenarios. In all cases, the date that your payment is postmarked is the date that the law considers you to have paid. First premium payment: If this is your first payment, you have 45 days from the day you elected COBRA to make payment. As long as payment is made within this 45-day period, your COBRA will continue in force. If you pay outside this 45-day period, you are considered to have forfeited your COBRA (i.e., lose your continuation rights). Your ex-employer may, if they so choose, accept your late check and implement COBRA anyway, but if the payment is postmarked more than 45 days after the election of COBRA, itâs up to your former employer whether to accept it or not.