Problem $1-8$A $($Static$)$

At Denniston Industries, employees have the option of choosing employer$-$sponsored health insurance. According to COBRA, what responsibilities does the employer have upon the termination of an employee?

Multiple Choice

The company must ensure that the terminated employee has health insurance from a certified provider within $60$ days of termination.

The company must offer terminated employees COBRA coverage upon termination. The employee would be required to pay the health insurance premiums.

The company must continue coverage at the same level without additional charge to the employee.