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What is the maximum election period under COBRA?

COBRA election maximum period
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What is the maximum election period under COBRA?

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The Qualified Beneficiary must elect coverage within 60 days from the later of, (1) the date that the Qualified Beneficiary would otherwise lose coverage on account of the Qualifying Event; or (2) the date that the Qualified Beneficiary is sent notice of his/her rights to elect COBRA continuation coverage.

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