COBRA

Hi, does anyone out there know anything about COBRA? I was (and still am) awaiting approval from my insurance company (Principal Financial), but lost my job last week! I plan on applying for COBRA, but I am not sure if my insurance actually ceases until COBRA kicks in. I am afraid I will be denied based on this possible lapse. If anyone has any info, please let me know! Thanks!!!

I had surgery when I was on COBRA, whatever I would do is make sure that there is no lapse in coverage. That is the main thing. Are you going to be using the same company as you had through Principal? Im not sure really how this works for 100% certain but I had insurance on my mom's work account and then I wasn't a student anymore by the time that I got my surgery scheduled, by like 4 months or so so we paid out of pocket to keep coverage so I still have the surgery as I was not working, waiting to have surgery to get my "first" real job, b/c then I would have had to take off right away, etc. Also, it can be quite pricey ($350/month for me) so without a job that was pretty tough. If you have any more qustions, Im sure that I can ask my mom as she is in the insurance field. Or you can just call an agent or the insurance company themselves.