The initial premium is due within 45 days of the date a qualified beneficiary elects COBRA coverage, retroactively paying for time elapsed during the election period. The qualified beneficiary can make subsequent payments in monthly installments, due at the first of the month. However, you must provide a grace period, which is the later of:
- Within 30 days after beginning the monthly coverage period.
- The end of the allowed grace period for your payment of premiums. California insurance law stipulates a 31-day grace period.