A true statement about the Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA) is that _____. Multiple choice question. it maintains health plans that would be otherwise lost at its own expense it requires employers to extend workplace health care coverage to dependents who would otherwise lose coverage due to ceasing to be a dependent it requires employers to extend workplace health care coverage for up to five years if a worker's employment terminates it only applies to employers with 500 or more employeesHIPAA's privacy provisions apply to covered entities. Covered entity is broadly defined, and may include all of the following, except: A records storage facility housing protected health information. A hospital or doctor's office. An employer using a third-party provider to manage and administer its health plan. A university's student health center