You should know that COBRA can be retroactive. You do not have to sign up when you terminate your employment. You can sign up when you actually need medical ca

You should know that COBRA can be retroactive. You do not have to sign up when you terminate your employment. You can sign up when you actually need medical care that you want to be covered. Though, at that time you have to pay back for the time since termination. It makes it a little easier to walk away and "hope for the best" on the healthcare front.