If I sign up for COBRA continuation coverage, can I switch to coverage in the Marketplace? What about if I choose Marketplace coverage and want to switch back to COBRA continuation coverage?

If you sign up for COBRA continuation coverage, you can switch to a Marketplace Plan during a Marketplace Open Enrollment period. You can also end your COBRA continuation coverage early and switch to a Marketplace Plan if you have another qualifying event such as marriage or birth of a child through something called a “special enrollment period.”  But be careful though—if you terminate your COBRA continuation coverage early without another qualifying event, you’ll have to wait to enroll in the Marketplace coverage until the next Open Enrollment period, and could end up without any health coverage in the interim. 

Once you’ve exhausted your COBRA continuation coverage and the coverage expires, you’ll be eligible to enroll in the Marketplace coverage through a special enrollment period, even if the Marketplace Open Enrollment has ended. For more information go to www.HealthCare.gov.

Please Note:

  1. If you sign up for the Marketplace coverage instead of COBRA continuation coverage, you cannot switch to COBRA continuation coverage under any circumstances. 
  2. If you do not submit a completed Election Form and remit payments according to the due dates stipulated in your COBRA notice, you will lose your right to elect COBRA continuation coverage.
  3. If you elect COBRA continuation coverage but later you decide to drop it, you cannot re-enroll in COBRA continuation coverage at a later date.