As Human Resources Manager at ABC Widget Company, you also want to provide an FAQ regarding COBRA for your employees. Following are the questions for which you should provide answers to include in your FAQs: What is COBRA? What does COBRA do? Are my dependents entitled to benefits under COBRA? What is a qualifying event? How long after a qualifying event do I have to elect COBRA coverage? How long does COBRA coverage last? Can individuals qualify for longer periods of COBRA continuation coverage? If yes, how long is an extension and for what reasons? Who pays for COBRA coverage? What is the premium cost based on? Can I receive COBRA benefits while I am on FMLA leave?