We have received your COBRA election form which is dated <date> . The purpose of this letter is to clarify the timing and amount of your payments. COBRA provides that your initial payment is due within 45 days of the date you elect coverage. Payments thereafter are due monthly on the <day> of each month. The law requires a 30-day grace period for each monthly payment. If payment is not received by the end of the 30-day grace period, your coverage will be terminated as of the last day of the period for which you actually paid.
