Exam 11: Employee Benefits

Under the Family and Medical Leave Act, if an employee is returned to an equivalent job, rather than his/her original job, the equivalent job must have

Tax revenues derived from Social Security pay for each of the following benefits, EXCEPT

Jolee's company provides health coverage to its employees through a PPO. While the costs are somewhat lower, one disadvantage, especially when compared to HMOs, is that employees have little choice in the doctor they see.

Under the Family and Medical Leave Act, a convenience store owner with 20 employees is required to provide up to 12 weeks of unpaid leave to an eligible employee for medical reasons.

The medical insurance plan provided by TynsCorp is a high-deductible health insurance plan. To help employees pay the higher deductibles, TynsCorp might want to pair this with a

In January 2008, Congress passed the __________ which amended the Family and Medical Leave Act (FLMA) to provide eligible employees working for covered employers new leave rights related to military service.

Although some government programs provide money to people with partial disabilities or short-term disabilities, Social Security does not.

To contain health care costs, an employer may increase an employee's deductible amount or co-payments.

TynsCorp is looking for a way to help employees solve some of their personal problems, or keep those problems from escalating and affecting their ability to work. TynsCorp should consider developing a(n)

Rose works in the mining industry. If she is laid off, which is likely because the industry is cyclical in nature, in addition to state unemployment compensation, she can receive weekly benefits from her employer. These benefits are referred to as

Employers pay a fixed annual fee to a health maintenance organization to cover a majority of their employees' medical costs.

Employee costs for medical services provided by a health maintenance organization (HMO) vary according to the type of service and how often the employee needs it.

Jolee's company has a pension plan in which the contributions are made solely by the company for the employees. This is a

Explain why an organization may choose to develop a cafeteria benefits plan for its employees.

A pension plan that establishes the basis on which an employer will contribute to a pension plan is referred to as a

Employers pay for workers' compensation insurance in __________ states.

Groups of physicians that contract with an employer to provide medical resources on a more cost-efficient basis in exchange for a greater share of patients are known as

Annual interest earned on cash-balance pension plans are often tied to a

If an employee takes a leave of absence under the Family and Medical Leave Act, the employer must continue the employee's medical benefits for the duration of the leave.

David is vested in the pension plan at TynsCorp. In order to receive the benefits, he must be employed by TynsCorp at the time of his retirement.