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12. Abigail runs a small business of 55 employees. She is working hard to find a

ID: 336155 • Letter: 1

Question

12. Abigail runs a small business of 55 employees. She is working hard to find a way to provide health benefits to all her employees by 2016 to be in compliance with __________.

the Family Medical Leave Act

Social Security

the Affordable Care Act

Medicare

2 points   

QUESTION 13

Laura's organization provides group health insurance that covers a set percentage of fees for medical services such as doctors or in-patient care. It allows her to go to any doctor or provider. Her group health insurance is a ________.

health savings account service

fee-for-service plan

health maintenance organization

preferred provider organization

QUESTION 21

Employers are required to pay for all of employee's Social Security benefits.

True

False

2 points   

QUESTION 22

The Treasury Department and the IRS have now ruled that legally married same-sex couples will be treated the same as other married couples for federal tax purposes.

True

False

2 points   

QUESTION 23

If a company chooses to provide health care to employees, they have to follow the COBRA, HIPAA, and ERISA rules.

True

False

2 points   

QUESTION 24

Disability insurance, short-term or long-term, can only provide benefits to employees when they've been injured on the job.

True

False

2 points   

QUESTION 25

Traditional health care plans allow employees to go to any doctor or provider they want without a referral to see specialists.

True

False

2 points   

QUESTION 26

Under U.S. law, any person who pays taxes can contribute to an IRA, and the contributions are tax-free.

True

False

the Family Medical Leave Act

Social Security

the Affordable Care Act

Medicare

Explanation / Answer

12. Abigail runs a small business of 55 employees. She is working hard to find a way to provide health benefits to all her employees by 2016 to be in compliance with __________.

Answer= Social Security

13. Laura's organization provides group health insurance that covers a set percentage of fees for medical services such as doctors or in-patient care. It allows her to go to any doctor or provider. Her group health insurance is a ________.

Answer. = Fee-for-service plan

Employers are required to pay for all of employee's Social Security benefits.?

Answer. = FALSE (Workers and employers pay for Social Security. Workers pay 6.2 percent of their earnings and Employers pay a matching amount for a combined contribution of 12.4 percent of earnings.)

The Treasury Department and the IRS have now ruled that legally married same-sex couples will be treated the same as other married couples for federal tax purposes.?

Answer. = TRUE ( The U.S. Department of the Treasury and the Internal Revenue Service (IRS) ruled that same-sex couples, legally married in jurisdictions that recognize their marriages, will be treated as married for federal tax purposes.)