Final answer:
The provision that allows an employee to continue health coverage after termination is the Conversion privilege. Additionally, the Religious Freedom Restoration Act does allow closely held for-profit companies to deny health coverage of contraception based on religious objections, as seen in the court case Burwell v. Hobby Lobby Stores.
Step-by-step explanation:
If an employee terminates her employment, the provision that would allow her to continue health coverage under an individual policy, if requested within a specified period of time, is the A) Conversion privilege. The options presented in the question relate to health insurance benefits and the terms are specific to that context. The conversion privilege allows an individual to convert their group health insurance policy into an individual policy without providing evidence of insurability after leaving employment.
Regarding the Religious Freedom Restoration Act of 1993 and its implications for employers and health coverage, the Supreme Court ruled in Burwell v. Hobby Lobby Stores, Inc. (2014) that closely held for-profit corporations can be exempt from a law its owners religiously object to if there is a less restrictive means of furthering the law's interest. This means for-profit companies can deny health coverage for contraception based on religious objections of the company's owners, provided that the company meets the criteria of being closely held and demonstrates a genuine religious belief.