Are there any grace periods for periodic payments?
Although periodic payments are due on the date shown above, you will be given a grace period through the last day of the coverage month to make each periodic payment. Your continuation coverage should be provided for each coverage period as long as payment for that coverage period is made before the end of the grace period for that payment.
If you fail to make a periodic payment before the end of the grace period for that coverage period, you will lose all rights to continuation coverage under the Plan. All payments should be paid to your benefit coordinators, attention COBRA, at the appropriate address.
Please examine your options carefully before declining this coverage. You should be aware that companies selling individual health insurance typically require a review of your medical history that could result in a higher premium or you could be denied coverage entirely.


