CompensationMGMT Quiz 13

Approximately ________ percent of private sector employees have access to paid life insurance.

56

________ are defined benefit plans that look like a defined contribution plan.

Cash balance plans

The ________ was enacted by the Congress to provide current and former employees and their spouses and dependents with a temporary extension of group health insurance when coverage is lost due to qualifying events.

Consolidated Omnibus Budget Reconciliation Act

The ________ is designed to lessen an employer's ability to deny coverage to an employee for a preexisting condition.

Health Insurance Portability and Accountability Act

Which of the following is a benefit under Social Security?

Lump-sum death payments

_______ relieve an employer's liability when a preemployment injury combines with a work-related injury to produce a disability greater than that caused by the latter alone.

Second-injury funds

Which of the following benefits is a federally administered program?

Social Security

Which of the following is an objective of the unemployment insurance program?

To provide an incentive for employers to stabilize employment

Contingent workers receive ________ benefits than regular workers; contingent workers' benefits cost ________ for employers than it does for regular workers.

fewer; less

A ________ plan is a hybrid health plan combining the benefits of a health maintenance organization and a ________.

point-of-service; preferred provider organization