If You Lose Your Job,COBRA Permits You to Continue Your

question 139

True/False

If you lose your job,COBRA permits you to continue your group health insurance coverage permanently as long as you pay the premium within 36 months of the termination of employment.

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Definitions:

Debt-Equity Ratio

An indicator of a firm's use of financial debt, found by dividing the total amount of liabilities by the equity owned by stockholders.

Retention Ratio

The proportion of net income that is retained in the company rather than paid out to shareholders as dividends.

Growth Rate

A measure of the increase in size, number, value, or strength of a business or other entity's key metric over a specified period of time.

Pro Forma

Financial statements prepared in advance of a planned transaction, such as a merger, acquisition, or new capital investment, showing the projected financial results.