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Failure to provide the required information in writing may affect your rights to continuation coverage. When the Employer is notified, in writing, that one of these events has happened, the Employer, in turn, will notify you that you (or your eligible spouse or dependent) have the right to choose continuation coverage. Generally, after a qualifying event, a qualified beneficiary will have up to 60-days from the later of the date you would lose coverage because of one of the events described above, the actual qualifying event date, or the date notice is provided to you, to elect COBRA continuation coverage. If you waive your election rights during this 60-day election period, you may revoke your waiver by contacting the COBRA administrator before expiration of the original 60-day election period. However, you will not have coverage for any period in which you had waived your election rights. If you do not choose continuation coverage, your group health coverage will end. If you choose continuation coverage, the Employer is required to give you coverage which, as of the time coverage is being provided, is identical to the coverage provided under the COBRA plan to similarly situated employees or family members. This means that if the coverage for similarly situated employees or family members is modified, your coverage will be modified. The law requires that, for your Medical Reimbursement portion of the Plan, you are eligible to continue coverage through the end of the plan year only if the remaining benefits through the end of the plan year exceed the premiums that you would be required to pay through the end of the plan year. For the Medical Reimbursement portion of the Plan to be subject to continuation requirements in the subsequent Plan Year after the year of your qualifying event, the Plan must be subject to HIl'AA portability requirements and the benefits for the year must be greater than the premiums to be paid. In no event will coverage continue more than 18 months after termination of employment or 36 months after any other qualifying event, except in the case of retirement. The law provides that your continuation coverage may be terminated for any of the following reasons: (1) The Employer no longer provides group health coverage to any of its employees; (2) The premium for coverage is not paid on time; (3) The qualified beneficiary becomes covered under another group health, unless that plan limits or excludes a preexisting condition; (4) The qualified beneficiary becomes entitled to Medicare benefits; (5) The qualified beneficiary is no longer eligible for the disability extension. 21