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Danica, age 5 9 ( 1 ) / ( 2 ) , was employed full time at JMG Corporation but was recently laid off. The

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? a.Elect 18 months of COBRA coverage. b.Elect COBRA for up to 36 months or until she has group coverage with a new employer. c.Elect Medicare coverage. d.Purchase an individual major medical policy during the open enrollment period until she can obtain group coverage with a new employer.

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