Your dependents are responsible for the full cost of continuation coverage plus a 2% administrative fee. The Trust requires that payments be received by the fifth of the month. However, you have a 30-day grace period to make payment. Failure to pay by that date could result in Trust records not showing current eligibility or other inconveniences. If payment is not sent by the last day of the month for the month for which coverage is sought, the right to continue coverage through self-payments will terminate. The only exception is that your dependents have up to 45 days from the date they initially elect continuation coverage to make their first payment to cover the period preceding their election.