Solved

Valencia Lost Her Position at Her Company Due to Consolidation

Question 27

Multiple Choice

Valencia lost her position at her company due to consolidation. She is about to start paying for her COBRA insurance benefits until she finds another job. Valencia is responsible to pay ________.


A) Nothing, the employer is responsible for the pay due to the consolidation of the company.
B) one-half of the premium cost.
C) the same premiums Valencia paid prior to leaving the job.
D) all the premiums, plus up to a 2 percent administration fee.
E) state statutes would mandate the required premiums for Valencia to pay.

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