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:
Verified
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