Should I refrain from enrolling in COBRA until I need it given it can be applied retroactively 60 days?

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I’ve just left my job where I was previously insured by my employer through Cigna. After calling Cigna, I’ve confirmed that I am insured until the end of this month. I am beginning a new job on January 18th that will provide me with health insurance, but there will be a small gap (1 month) where I do not have health insurance in between roles.

I’ve been doing some research into bridging the gap between insurance plans and learned about COBRA. Based on this article it seems COBRA can be applied retroactively up to 60 days after leaving my job. Hence, my plan is to refrain from enrolling (given it will be very costly to do so as my employer will not longer pay part of the premium) unless I incur medical fees in the time I have between jobs/health insurance plans. If I do incur fees, I can always retroactively apply and hence wouldn’t be in the hole should major injury occur.

My question is – is the above a good way to approach this, or is there something better to do? I don’t want to go without coverage in this time frame as I plan to go skiing (and have injured myself previously).

Lastly, my location is California in case helpful.

Thank you!

submitted by /u/piggieelaydee
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I’ve just left my job where I was previously insured by my employer through Cigna. After calling Cigna, I’ve confirmed that I am insured until the end of this month. I am beginning a new job on January 18th that will provide me with health insurance, but there will be a small gap (1 month) where I do not have health insurance in between roles. I’ve been doing some research into bridging the gap between insurance plans and learned about COBRA. Based on this article it seems COBRA can be applied retroactively up to 60 days after leaving my job. Hence, my plan is to refrain from enrolling (given it will be very costly to do so as my employer will not longer pay part of the premium) unless I incur medical fees in the time I have between jobs/health insurance plans. If I do incur fees, I can always retroactively apply and hence wouldn’t be in the hole should major injury occur. My question is – is the above a good way to approach this, or is there something better to do? I don’t want to go without coverage in this time frame as I plan to go skiing (and have injured myself previously). Lastly, my location is California in case helpful. Thank you!
submitted by /u/piggieelaydee [link] [comments]Read Morer/HealthInsurance

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