How much must an employee pay in order to continue health benefits under the Consolidated Omnibus Budget Reconciliation Act (COBRA) ?
A) One-half the policy premiums.
B) All the policy premiums,plus up to a 5 percent administrative fee.
C) Only the percentage of policy premiums the employee paid while he or she was employed.
D) All the policy premiums,plus up to a 2 percent administration fee.
E) Nothing,since COBRA requires the employer to pay for all health insurance-related premiums.
Correct Answer:
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