Danica, age $59(1)/(2),$ was employed full time at JMG Corporation but was recently laid off. The company has $25$ full time and $10$ part time employees but does not offer group health insurance. What should Danica do for health insurance while unemployed?

Group of answer choices

Purchase an individual major medical policy during the open enrollment period until she can obtain group coverage with a new employer.

Elect $18$ months of COBRA coverage.

Elect Medicare coverage.

Elect COBRA for up to $36$ months or until she has group coverage with a new employer.