Which of the following is the key benefit of COBRA for terminated employees?

The key benefit of COBRA (Consolidated Omnibus Budget Reconciliation Act) for terminated employees is the continuation of group health benefits. COBRA allows eligible employees and their dependents to temporarily continue their health insurance coverage after experiencing a qualifying event, such as job termination, reduction in hours, or other life events that would cause loss of health benefits.

This continuation of coverage is significant because it helps individuals maintain access to their health care services during a time when they may otherwise lose their employer-sponsored insurance. The option to extend health benefits can be crucial for employees and their families, as it helps protect them from potential gaps in coverage while they search for new employment or work through their circumstances.

While immediate cash benefits, tax deductions on premiums, and access to job placement services may be beneficial in other contexts, they do not reflect the primary focus of COBRA, which is centered around maintaining health coverage for employees and their dependents post-termination.