This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: What is coinsurance? A) Both parents have employer-sponsored insurance coverage for their ... (Read 94 times)

lb_gilbert

  • Hero Member
  • *****
  • Posts: 588
on: Jul 7, 2018
What is coinsurance?
 
  A) Both parents have employer-sponsored insurance coverage for their children.
  B) Two insurance companies combine to offer group insurance coverage.
  C) An employee pays all out-of-pocket expenses before the insurance takes effect.
  D) The insured pays a percentage of covered expenses.

Question 2

Briefly discuss the components of legally required benefits. How can HR managers minimize the costs that are associated with legally required benefits?
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

jesse.fleming

  • Sr. Member
  • ****
  • Posts: 301
Reply #1 on: Jul 7, 2018
Answer to Question 1

Answer: D

Answer to Question 2

Answer: Legally required benefits are mandated by: 1) Social Security Act of 1935, 2) various state workers' compensation laws, 3) Family and Medical Leave Act of 1993. Social Security Act of 1935 addresses: 1) unemployment insurance (for individuals who become unemployed through no fault of their own), 2) OASDI (provides retirement income, survivor's insurance, and disability insurance), and 3) Medicare (provides insurance coverage for hospitalization, convalescent care, and major doctor bills). Workers' compensation is designed to cover expenses due to work-related accidents. The Family and Medical Leave Act provides employees with job protection in case of family


lb_gilbert

  • Member
  • Posts: 588
Reply 2 on: Jul 7, 2018
Wow, this really help

essyface1

  • Member
  • Posts: 347
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

There are major differences in the metabolism of morphine and the illegal drug heroin. Morphine mostly produces its CNS effects through m-receptors, and at k- and d-receptors. Heroin has a slight affinity for opiate receptors. Most of its actions are due to metabolism to active metabolites (6-acetylmorphine, morphine, and morphine-6-glucuronide).

Did you know?

The Romans did not use numerals to indicate fractions but instead used words to indicate parts of a whole.

Did you know?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

Did you know?

The average human gut is home to perhaps 500 to 1,000 different species of bacteria.

Did you know?

Recent studies have shown that the number of medication errors increases in relation to the number of orders that are verified per pharmacist, per work shift.

American Children with Working Parents American Children with Working Parents
Parents who grew up in dual-earner families are more apt to share household tasks equally than those ... Parents who grew up in dual-earner families are more apt to share household tasks equally than those ...
Manager's Responsibilities to Employee and Physician-Employer Manager's Responsibilities to Employee and Physician-Employer
When parents actively support higher education, their children achieve more in their future careers. When parents actively support higher education, their children achieve more in their future careers.
Poor single parents and their children Poor single parents and their children
Examples of how the recessive gene for straight hair passes from parents to children Examples of how the recessive gene for straight hair passes from parents to children
Video: Cellular Respiration & Glucose Mobilization (Glucose transport & Phosphorylation of Glucose)

For a complete list of videos, visit our video library