Solved

An Individual Works at a Business That Covers Half the Cost

Question 8

Multiple Choice

An individual works at a business that covers half the cost of a group healthcare insurance plan with the other half paid by the employee. The individual quits his job but wishes to retain group healthcare insurance as per COBRA. How much will he pay for coverage?


A) The same amount he paid while employed
B) The same amount he paid while employed plus an administrative fee
C) Twice the amount he paid while employed
D) Twice the amount he paid while employed plus an administrative fee

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents