Benefits are terminated at the end of the month in which you leave your position. Additionally, Fellowship Award Forms/Election of Health Insurance paperwork is only valid for one year. If you or your Administrative Officer (A.O.) fail to forward your renewal forms to our office you will be terminated. At the end of your termination month C.O.B.R.A. information is sent to your forwarding address. You are given 60 days to elect C.O.B.R.A. Once you elect C.O.B.R.A. your coverage is retroactive to the first day of the month following termination.