Direct answer
It depends on your previous employer’s plan, as you are responsible for paying 100% of the total premium—both the portion you previously paid and the portion your employer contributed—plus a potential 2% administrative fee.
Internal Revenue Service premium payment regulations for continuation coverage. For additional information about federal requirements for health care continuation, see the Internal Revenue Service‘s official guide on COBRA premium payments.
What this means for you
It depends on your previous employer’s plan, as you are responsible for paying 100% of the total premium—both the portion you previously paid and the portion your employer contributed—plus a potential 2% administrative fee.
FARMER STOCKMAN
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This page is informational and not a coverage guarantee or quote.
