If we don’t want to continue the Cobra coverage, do we just do nothing and it lapses on its own or is there some formal process we have to go through? Anyone reading who has been through this already please advise. The person on the phone when I called did not inspire confidence with her answer. Thanks
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Yes! I was also confused. Called vz benefits and they were able to push the cancellation through. They also mentioned that after 3 month of the end of your benefits, it will auto cancel and be backdated to your end of severance date.
@g7 Yes they will send multiple bills but your service is also cancelled until you pay. No one is forcing you to pay to continue and no one is forcing you to call and cancel a service that cancels as soon as term is up. Just because you get billed for a service no longer active doesn't mean you have to call someone to cancel the service. They bill up front.
You absolutely do call and cancel. I received a very hefty bill when my insurance lapsed and had to call and cancel before they billed me another month
Ignore it, yeah they will send you a bill but it clearly will say on the bill to continue coverage pay it. if you don't pay it then coverage stops on the designated date. This isn't complex stuff.
@OP you have call them and cancel it or you will get billed.
Call an cancel to avoid headaches
Yes. Do nothing and cobra coverage will lapse.
If you want, you can call the benefit center to cancel, but it isn’t necessary