Sally, age $\frac{5911}{2},$ was employed full time at JMG Corporation. The company has $25$ full time and $10$ part time employees but does not offer group health insurance. What should Sally do for health insurance while unemployed?

Purchase an individual major medical policy 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.