I’m starting with a new employer in November as a result of a layoff. My previous company is paying for COBRA for me for the next 6 months, and premiums at the new company are on the high side.
My question is if I can skip initial insurance enrollment at the new company and use the COBRA coverage for 6 months. Then use the end of the COBRA payments as a qualifying event to then sign up with the new plan in April 2021?
I suspect the answer is no because I wouldn’t actually be losing COBRA coverage, I’d just be losing the free coverage (I can start paying on my own at that point). Anyone happen to know the answer?