Which of the following statements regarding the Consolidated Omnibus Budget Reconciliation Act (COBRA) rules for group health plans is CORRECT? A) COBRA rules allow an employer to charge up to 120% of the cost of an active employee to cover administrative costs. B) COBRA rules require the employee or dependent to elect coverage within 60 days of a qualifying event. C) COBRA protection does not apply to divorced spouses of covered employees. D) COBRA rules apply to any employer with a health plan and 15 or more employees