[Rick Lee]

I'm leaving my job this Friday and starting my new one next Tues., Aug. 1. New job's benefits don't kick in until 45 days after my start date, so I either need to bet I'll be ok or look into COBRA. My HR guy just gave me the COBRA explanation package, which isn't real clear and he says to just pay it for a month or two and be safe. But the explanation says that I can elect coverage on my last day here and then I have 45 days to pay the premium. Obviously, if I don't pay, the coverage would cease. But 48 days is all I really need. So what happens if I break my leg on say the 40th day? Do I just mail in my premium payment and then the leg break is covered?