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Andrew [12]
3 years ago
12

When the timber industry in montana experiences an economic slump, superior logging co. is forced to lay off a number of its emp

loyees, 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 canceled. 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.
Business
1 answer:
cluponka [151]3 years ago
3 0

Answer:

D. COBRA

Explanation:

Larry would have learnt that he has a right to extend his insurance benefits, however, if he pays the premiums under cobra.

The Consolidated Omnibus Budget Reconciliation Act (COBRA) gives workers and their families <u>who lose their health benefits</u> the right to choose to continue group health benefits provided by their group health plan for limited periods of time<u> under certain circumstances such as voluntary or involuntary job loss.</u>

Since Larry has lost his job, COBRA will be the best option for him because he meets the condition

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