Billing Info
Billing Information for COBRA Employees.
Invoices are sent out on or around the 10th of each month.
Premium payments are due on the first day of the month of coverage. Checks should be made out to “CoPower” and
the CoPower ID number should be noted on the check.
Checks should be sent to:
CoPower
Dept. 33824
P.O. Box 39000
San Francisco, CA 94139
Paying for COBRA Coverage.
Beneficiaries may be required to pay the entire premium for
coverage. The premium cannot exceed 102 percent of the cost
to the plan for similarly situated individuals who have not
incurred a qualifying event.
Premiums reflect the total cost of group health coverage,
including both the portion paid by employees and any portion
paid by the employer before the qualifying event, plus two
percent for administrative costs.
For disabled beneficiaries receiving an additional 11 months
of coverage after the initial 18 months, the premium for those
additional months may be increased to 150% of the plan's total
cost of coverage.
Premiums due may be increased if the costs to the plan increase.
The plan must allow you to pay premiums on a monthly basis
if you ask to do so.
The initial premium payment must be made within 45 days after
the date of the COBRA election by the qualified beneficiary.
Payment generally must cover the period of coverage from the
date of COBRA election retroactive to the date of the loss
of coverage due to the qualifying event. Premiums for successive
periods of coverage are due on the date stated in the plan
with a minimum 30-day grace period for payments.
The due date may not be prior to the first day of the period
of coverage. For example, the due date for the month of January
could not be prior to January 1 and coverage for January could
not be cancelled if payment is made by January 31.
Premiums for the rest of the COBRA period must be made within
30 days after the due date for each such premium or such longer
period as provided by the plan. However, the plan is not obligated
to send monthly premium notices.
COBRA beneficiaries remain subject to the rules of the plan
and therefore must satisfy all costs related to deductibles,
catastrophic and other benefit limits.
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