The Consolidated Omnibus Budget Reconciliation Act requires the government to provide health insurance to terminated or retired employees and their families through the Medicare system.
Indicate whether this statement is true or false.
Question 2In addition to the funds contributed by employers, each state also contributes to funds for workers' compensation.
Indicate whether this statement is true or false.
Question 3About how many million people work part-time in the United States?
A) 1
B) 5
C) 11
D) 19
Question 4Which of the following provides lower rates for the employer or employee and includes all employees regardless of health or physical condition?
A) workers' compensation insurance
B) group life insurance
C) disability insurance
D) pension plans
Question 5All of the following are health care cost-control methods used by employers EXCEPT ________.
A) requiring employees to pay high premiums
B) benefits purchasing alliances
C) requiring disability insurance
D) encouraging medical tourism
Question 6Which of the following represents the largest proportion of all reported disabilities?
A) respiratory diseases
B) cardiovascular diseases
C) mental illness
D) cancer
Question 7Which of the following is NOT a true statement about the Protection and Affordable Care Act of 2010?
A) Employers must offer health insurance coverage to employees who work at least 30 hours per week.
B) Employers will be required to pay a 20 excise tax on high-cost health insurance plans.
C) Contributions to health care flexible spending accounts have been capped at 2,500.
D) Health plans with dependent coverage must expand eligibility up to age 26.
Question 8In most states, workers' compensation benefits have no time limit, so injured employees may receive monetary and medical compensation for the duration of their employment.
Indicate whether this statement is true or false.