E.__The member or employee has 31 days from the receipt of the election and premium notice form from the insurer under paragraph D in which to elect continued coverage in writing to the insurer and make the initial premium payment to the insurer.__After the election, the insurer shall bill the member or employee for premiums once each month with a due date on the first of the month of coverage subject to any grace period for payment pursuant to this Title.

F.__An insurer is not required to continue coverage under a group or individual policy if the member or employee meets the conditions set out in subsection 3, paragraph A.

G.__The payment for continued group coverage under this subsection may not exceed 102% of the group rate in effect for a group member in the employer's group policy, including an employer's contribution, if any.

H.__At the option of the member or employee, the continued group coverage may cover the member or employee, the member or employee and any dependents or only the dependents of the member or employee; however, if the continued group coverage is for a dependent of the member or employee, the dependent must have been covered for a period of at least 3 months under the group policy, unless the dependent was not eligible for coverage until after the beginning of the 3- month period.

I.__Except as provided in paragraph J, coverage provided under this subsection continues for a maximum of 18 months from the date of termination of the prior coverage.

J.__Coverage provided under this subsection may be terminated sooner than provided under paragraph I if:

(1)__The member or employee fails to make timely payment of a required premium amount;

(2)__The member or employee becomes eligible for coverage under another group policy or becomes entitled to benefits under Title XVIII of the Social Security Act; or

(3)__The group health policy is terminated.

K.__At the expiration of any continued group coverage obtained under this subsection, the member or employee has