When the timber industry in Montana experiences an economic slump, Superior Logging Co. is forced to lay off a number of its employees, including Larry Kurzyniec. Larry, who had been logging for over eighteen years, suffers from heart disease, high blood pressure, and diabetes. His wife is worried that the family's health insurance coverage, which is through Superior Logging, will be cancelled. Larry learns that he has a right to extend his insurance benefits, however, if he pays the premiums under
a. HIPAA.
b. FUTA.
c. FICA.
d. COBRA.
Answer: d. COBRA.
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