Group continued coverage under this subchapter may not terminate until the earliest of:
(1) the date the maximum continuation period provided by law would end, which is:
(A) for any enrollee not eligible for continuation coverage under Title X, Consolidated Omnibus Budget Reconciliation Act of 1985 (29 U.S.C. § 1161 et seq.) (COBRA), the end of the nine-month period after the date the election to continue coverage is made; or
(B) for any enrollee eligible for continuation coverage under COBRA, six additional months following any period of continuation provided under that statute;
(2) the date on which failure to make timely payments terminates coverage;
(3) the date on which the enrollee is covered for similar services and benefits by any other plan or program, including a hospital, surgical, medical, or major medical expense insurance policy, hospital or medical service subscriber contract, or medical practice or other prepayment plan; or
(4) the date on which the group coverage terminates in its entirety.