Deck 13: Benefits and Services

Question 1

The Mental Health Parity Act .

A)covers pension plans and requires employers to have written plan documents that establish terms such as eligibility and participation
B)limits the ability of health plans to set annual or lifetime maximums on mental and nervous disorder benefits
C)sets minimum requirements for protecting individuals' health-care data accessibility and confidentiality
D)provides guidelines regarding what rates of return employers should use in computing their pension plan values
E)prohibits an employer's health plan from using incentives to encourage employees to leave the hospital after childbirth after less than the legislatively-determined minimum stay

Answer 1

B

Question 2

Which of the following is false regarding the application of the Family and Medical Leave Act?

A)To be eligible, an employee must have worked for the employer for at least twelve months.
B)Up to 12 weeks must be granted in a twelve-month period.
C)The employee must be employed at a job site with 50 or more employees.
D)To be eligible, an employee must have worked for a minimum of 1250 hours in the past twelve months.
E)No advance notice is necessary.

Answer 2

E

Question 3

All of the following benefits are required by federal or state law except .

A)workers' compensation
B)unemployment insurance
C)leaves covered under the Federal Medical Leave Act
D)social security
E)pensions

Answer 3

E

Question 4

The indirect financial and nonfinancial payments employees receive for continuing employment with the company are called .

A)benefits
B)employee compensation
C)salary
D)remuneration
E)reimbursement

Question 5

The sets minimum requirements for protecting individuals' health -care data accessibility and confidentiality.

A)Employee Retirement Income Security Act (ERISA)
B)Newborn Mother's Protection Act
C)Health Insurance Portability and Accountability Act
D)Economic Growth and Tax Relief Conciliation Act
E)Job Creation and Worker Assistance Act

Question 6

Nonfinancial payments like health and life insurance, pensions, time off with pay, and child care facilities are examples of .

A)bonuses
B)benefits
C)salary
D)variable pay
E)competency-based incentives

Question 7

The Job Creation and Worker Assistance Act .

A)prohibits an employer's health plan from using incentives to encourage employees to leave the hospital after childbirth after less than the legislatively-determined minimum stay
B)provides guidelines regarding what rates of return employers should use in computing their pension plan values
C)covers pension plans and requires employers to have written plan documents that establish terms such as eligibility and participation
D)limits the ability of health plans to set annual or lifetime maximums on mental and nervous disorder benefits
E)sets minimum requirements for protecting individuals' health-care data accessibility and confidentiality

Question 8

Which regulation covers pension plans and requires employers to have written plan documents that establish terms such as eligibility and participation?

A)Newborn Mother's Protection Act
B)Health Insurance Portability and Accountability Act
C)Employee Retirement Income Security Act (ERISA)
D)Economic Growth and Tax Relief Conciliation Act
E)Job Creation and Worker Assistance Act

Question 9

Which of the following benefits is required by federal or state law?

A)workers' compensation
B)pensions
C)disability insurance
D)paid time off for vacations and holidays
E)health insurance

Question 10

The Employment Retirement Income Security Act .

A)sets minimum requirements for protecting individuals' health-care data accessibility and confidentiality
B)provides guidelines regarding what rates of return employers should use in computing their pension plan values
C)limits the ability of health plans to set annual or lifetime maximums on mental and nervous disorder benefits
D)covers pension plans and requires employers to have written plan documents that establish terms such as eligibility and participation
E)prohibits an employer's health plan from using incentives to encourage employees to leave the hospital after childbirth after less than the legislatively-determined minimum stay

Question 11

Which regulation limits the ability of health plans to set an annual or lifetime maximum on mental and nervous disorder benefits?

A)Job Creation and Worker Assistance Act
B)Economic Growth and Tax Relief Conciliation Act
C)Employee Retirement Income Security Act (ERISA)
D)Health Insurance Portability and Accountability Act
E)Mental Health Parity Act

Question 12

The Family and Medical Leave Act .

A)provides guidelines regarding what rates of return employers should use in computing their pension plan values
B)sets minimum requirements for protecting individuals' health-care data accessibility and confidentiality
C)ensures that an employer must grant an employee up to 12 weeks of leave in a twelve -month period for the birth or care of a newborn child, placement of a child for adoption, to care for a spouse, child, or parent with a serious health condition, or to care for the employee's own serious health condition
D)prohibits an employer's health plan from using incentives to encourage employees to leave the hospital after childbirth after less than the legislatively-determined minimum stay
E)limits the ability of health plans to set annual or lifetime maximums on mental and nervous disorder benefits

Question 13

The Newborn Mother's Protection Act .

A)prohibits an employer's health plan from using incentives to encourage employees to leave the hospital after childbirth after less than the legislatively-determined minimum stay
B)limits the ability of health plans to set annual or lifetime maximums on mental and nervous disorder benefits
C)covers pension plans and requires employers to have written plan documents that establish terms such as eligibility and participation
D)sets minimum requirements for protecting individuals' health-care data accessibility and confidentiality
E)provides guidelines regarding what rates of return employers should use in computing their pension plan values

Question 14

Which of the regulations below prohibits an employer's health plan from using incentives to encourage employees to leave the hospital after childbirth after less than the legislatively-determined minimum stay?

A)Newborn Mother's Protection Act
B)Health Insurance Portability and Accountability Act
C)Employee Retirement Income Security Act (ERISA)
D)Job Creation and Worker Assistance Act
E)Economic Growth and Tax Relief Conciliation Act

Question 15

To be eligible for leave under the Family and Medical Leave Act, an employee must have worked hours during the past twelve consecutive months.

A)800
B)1000
C)1250
D)1600
E)1920

Question 16

Which regulation ensures that an employer must grant an employee up to 12 weeks of leave in a twelve-month period for the birth or care of a newborn child, placement of a child for adoption, to care for a spouse, child, or parent with a serious health condition, or to care for the employee's own serious health condition?

A)Job Creation and Worker Assistance Act
B)Economic Growth and Tax Relief Conciliation Act
C)Health Insurance Portability and Accountability Act
D)Newborn Mother's Protection Act
E)Family and Medical Leave Act

Question 17

Approximately what percentage of Americans is covered by job-based health insurance?

A)25%
B)40%
C)60%
D)75%
E)90%

Question 18

Which regulation listed below provides guidelines regarding what rates of return employers should use in computing their pension plan values?

A)Economic Growth and Tax Relief Conciliation Act
B)Job Creation and Worker Assistance Act
C)Newborn Mother's Protection Act
D)Employee Retirement Income Security Act (ERISA)
E)Health Insurance Portability and Accountability Act

Question 19

The Health Insurance Portability and Accountability Act .

A)prohibits an employer's health plan from using incentives to encourage employees to leave the hospital after childbirth after less than the legislatively-determined minimum stay
B)limits the ability of health plans to set annual or lifetime maximums on mental and nervous disorder benefits
C)covers pension plans and requires employers to have written plan documents that establish terms such as eligibility and participation
D)provides guidelines regarding what rates of return employers should use in computing their pension plan values
E)sets minimum requirements for protecting individuals' health-care data accessibility and confidentiality

Question 20

How many weeks may an employee take as unpaid leave under the Family and Medical Leave Act?

A)two
B)four
C)six
D)twelve
E)an indefinite amount

Question 21

The requires employers to treat women affected by pregnancy, childbirth, or related medical conditions the same as any employee not able to work, with respect to all benefits, including sick leave and disability benefits, health and medical insurance.

A)American Disabilities Act
B)Pregnancy Discrimination Act
C)Family and Medical Leave Act
D)Comprehensive Omnibus Budget Reconciliation Act
E)Health Insurance Portability and Accountability Act

Question 22

Which regulation listed below requires that most private employers continue to make health benefits available to terminated or retired employees and their families for a period of time?

A)American Disabilities Act
B)Pregnancy Discrimination Act
C)Family and Medical Leave Act
D)Health Insurance Portability and Accountability Act
E)Comprehensive Omnibus Budget Reconciliation Act

Question 23

Which of the following benefits could be awarded as workers' compensation?

A)cash benefit
B)medical services
C)time off without pay
D)time off with pay
E)A and B

Question 24

A strategy designed to minimize health care costs for employers by identifying and managing employees with chronic conditions like asthma or diabetes is called .

A)on-site primary care
B)cost containment
C)wellness care
D)absence management
E)disease management

Question 25

The Pregnancy Discrimination Act .

A)limits the ability of health plans to set annual or lifetime maximums on mental and nervous disorder benefits
B)prohibits an employer's health plan from using incentives to encourage employees to leave the hospital after childbirth after less than the legislatively-determined minimum stay
C)requires employers to treat women affected by pregnancy, childbirth, or related medical conditions the same as any employee not able to work, with respect to all benefits, including sick leave and disability benefits, health and medical insurance
D)sets minimum requirements for protecting individuals' health-care data accessibility and confidentiality
E)covers pension plans and requires employers to have written plan documents that establish terms such as eligibility and participation

Question 26

Holidays, vacations, jury duty, funeral leave, military duty, personal days, sick leave, sabbatical leave, and maternity leave are classified as benefits.

A)supplemental pay
B)retirement
C)insurance
D)premium
E)services

Question 27

A strategy designed to minimize health care costs for employers by including the cost of absenteeism in the overall cost of health care is called .

A)on-site primary care
B)wellness management
C)disease management
D)absence management
E)cost containment

Question 28

Which of the following is typically not part of the cost to employers for employees taking leave under the Family and Medical Leave Act?

A)pay for time not worked to employee
B)cost to recruit replacement workers
C)cost to train replacement workers
D)cost of paying temporary workers
E)lower productivity of replacement workers

Question 29

Who contributes funds to workers' compensation benefits?

A)federal government
B)employers
C)each state
D)insurance providers
E)all of the above

Question 30

The goal of is to provide sure, prompt income and medical benefits to work -related accident victims or their dependents, regardless of fault.

A)severance pay
B)workers' compensation
C)sick leave
D)the Health Insurance Portability and Accountability Act
E)the Family and Medical Leave Act

Question 31

The primary difference between health maintenance organizations and preferred provider organizations is that .

A)HMOs are more effective
B)HMOs allow patients to choose from a list of doctors
C)PPOs allow patients to choose from a lists of doctors and to see them in the doctors' offices rather than in one facility
D)PPOs are cheaper
E)all of the above

Question 32

The Comprehensive Omnibus Budget Reconciliation Act .

A)limits the ability of health plans to set annual or lifetime maximums on mental and nervous disorder benefits
B)requires that most private employers continue to make health benefits available to terminated or retired employees and their families for a period of time
C)sets minimum requirements for protecting individuals' health-care data accessibility and confidentiality
D)requires employers to treat women affected by pregnancy, childbirth, or related medical conditions the same as any employee not able to work, with respect to all benefits, including sick leave and disability benefits, health and medical insurance
E)prohibits an employer's health plan from using incentives to encourage employees to leave the hospital after childbirth after less than the legislatively-determined minimum stay

Question 33

are groups of health care providers that contract with employers, insurance companies, or third-party payers to provide medical care services at a reduced fee.

A)HMOs
B)ADDs
C)DMOs
D)Hospitals
E)PPOs

Question 34

Which of the following conditions must be met for an injured employee to earn workers' compensation from his or her employer?

A)The employee suffered the injury through no fault of his or her own.
B)The employee must have worked for a minimum of 1250 hours during the past twelve consecutive months.
C)The employee must have been employed by that employer for a minimum of twelve months.
D)The injury must have occurred while the employee was on the job.
E)all of the above

Question 35

Which of the following disabilities represent the largest proportion of all reported disabilities?

A)disabling injuries
B)cancer
C)cardiovascular diseases
D)mental illness
E)respiratory diseases

Question 36

The treatment of injured workers on a case-by-case basis by an assigned manager, usually a registered nurse, who coordinates with the physician and health plan to determine which care settings are the most effective for quality care and cost is called .

A)health care
B)supplemental unemployment
C)nurse management
D)case management
E)none of the above

Question 37

A strategy designed to minimize health care costs for employers by giving employees access to health resources via home or work is called a program.

A)cost containment
B)on-site primary care
C)absence management
D)disease management
E)wellness

Question 38

A(n)is a medical organization consisting of specialists operating out of a community-based health care center that provides routine medical services to employees who pay a nominal fee.

A)HMO
B)DMO
C)ADD
D)PPO
E)hospital

Question 39

provides benefits if a person is unable to work through no fault of his or her own.

A)Health insurance
B)Supplemental pay benefits
C)Unemployment insurance
D)Retirement
E)Family and Medical Leave Act

Question 40

Which health benefit listed below is offered by almost all employers?

A)medical care insurance
B)chiropractic insurance
C)health maintenance organization
D)mental health insurance
E)wellness program

Question 41

provide services like personal legal and financial counseling, child care referrals, elder care referrals adoption assistance, mental health counseling, and life event planning.

A)Family-friendly benefits
B)Employee assistance programs
C)Social Security programs
D)Pension plans
E)Benefit management systems

Question 42

The Comprehensive Omnibus Budget Reconciliation Act requires most private employers to continue to make health benefits available to terminated or retired employees and their families for a period of time, generally .

A)6 months
B)12 months
C)18 months
D)24 months
E)indefinitely

Question 43

Medicare provides a wide range of health services to people or over.

A)55
B)60
C)62
D)65
E)67

Question 44

Social Security tax is charged at a rate of % to both employer and employee.

A)1.00
B)3.50
C)7.65
D)15.00
E)33.00

Question 45

A defined contribution pension plan encourages employees to contribute a portion of their earnings to the fund with an employer contribution that is matched to that of the employee in whole or part is called a(n).

A)matching plan
B)deferred profit-sharing plan
C)savings and thrift plan
D)employee stock ownership plan
E)ERISA plan

Question 46

John Smith was covered by the Social Security Act. He passed away last year at the age of 70. His survivors include two daughters, ages 18 and 21, and a son, age 23. His children will not receive benefits from Social Security. Which Social Security guideline explains why John's survivors will not receive benefits?

A)Death benefits only accrue if the individual dies prior to drawing retirement benefits.
B)Social Security does not provide survivor benefits.
C)Social Security provides income if one retires at age 62 or after.
D)Death benefits are provided to dependents.
E)none of the above

Question 47

Malcolm is interviewing for a new job and he is evaluating the quality of the pension plans offered for each company he is considering. One company offers a pension plan in which the company will make all contributions to the plan and will base his pension benefit on a formula linked to his pay at the time of retirement and the number of years he was with the firm. This pension plan could be classified as .

A)qualified, defined benefit
B)non-contributory, defined benefit
C)contributory, qualified
D)contributory, defined benefit
E)non-contributory, defined contribution

Question 48

Which of the following is not a type of long-term care?

A)assisted living
B)custodial care
C)elder care
D)adult day care
E)all are forms of long-term care

Question 49

Under ERISA, participants in pension plans must have a non -forfeitable right to 100% of their accrued benefits after .

A)retirement
B)5 years of service
C)10 years of service
D)20 years of service
E)30 years of service

Question 50

Taxes on employee wages are shared equally be employees and employers and apply to all earnings up to .

A)$20,000
B)$49,999
C)$87,900
D)$100,000
E)the earnings subject to Social Security tax is unlimited

Question 51

The full retirement age according to Social Security for individuals born in 1959 or earlier is .

A)55
B)62
C)65
D)67
E)70

Question 52

Which of the following could contribute to the growing percentage of part-time workers?

A)phased retirement programs
B)desire to balance work and family
C)aging workforce
D)women in the workforce
E)all of the above

Question 53

Jenny's pension plan encourages her to contribute at least 5% of her annual salary in addition to the set amount that her company contributes. She is given choices regarding how the money is invested. When she retires, the amount she has available will depend on how much she invested herself, and the rate of return on the investments she chose. This pension plan could be classified as .

A)contributory, defined contribution
B)qualified, defined benefit
C)contributory, qualified
D)contributory, defined benefit
E)non-contributory, defined benefit

Question 54

The full retirement age according to Social Security for individuals born in 1960 or later is .

A)55
B)62
C)65
D)67
E)70

Question 55

seek to enable employees to better meet the demands of their family and work lives.

A)Sick leave
B)Family-friendly benefits
C)Pension plans
D)Benefit management systems
E)Pay plans

Question 56

When an employer makes all of the contributions to the pension plan, the pension plan is classified as .

A)non-contributory
B)nonqualified
C)defined benefit
D)defined contribution
E)qualified

Question 57

How is the Social Security program funded?

A)a tax on employee wages
B)sales tax on luxury goods
C)interest earned on loans to other countries
D)sales of lottery tickets
E)the sale of government bonds

Question 58

According to the Bureau of Labor Statistics, part -time work is defined as less than hours per week.

A)15
B)20
C)30
D)35
E)40

Question 59

Social Security provides all of the following benefits except .

A)income if retirement is at age 62 or later and individual is insured under the Social Security Act
B)monthly disability payments to employees who become totally disabled
C)death benefits to surviving dependents for those insured under the Social Security Act
D)income if retirement is at age 55 or later
E)Medicare

Question 60

What type of pension plan encourages employees to contribute a portion of their earnings to the fund with an employer contribution that is matched to that of the employee in whole or part?

A)non-contributory, defined benefit
B)qualified, defined benefit
C)non-contributory, defined contribution
D)contributory, qualified
E)contributory, defined benefit

Question 61

Which flexible work arrangement allows two or more people to share a single full -time job?

A)job sharing
B)telecommuting
C)flextime
D)compressed workweek
E)work sharing

Question 62

The percentage of Americans covered by job-based health insurance goes up each year.

Question 63

In addition to the funds contributed by employers, each state also contributes to funds for workers' compensation.

Question 64

California passed legislation requiring most state contractors to provide domestic partner benefits for employees who in same-sex relationships.

Question 65

About 99% of employers in the United States offer some form of health insurance coverage.

Question 66

The average number of vacation days granted to employees in the United States is about 15 days per year.

Question 67

Firms are required to pay everyone who is dismissed unemployment benefits.

Question 68

A(n)is one in which the employer gives each employee a benefits fund budget and lets the person spend it on the benefits he or she prefers.

A)cafeteria benefits plan
B)executive perquisite
C)matching plan
D)life plan
E)variable pay plan

Question 69

Which of the following is an example of a compressed workweek?

A)employees work 7 am to 5 pm Monday-Thursday
B)employees work 9 pm to 5 am five days per week
C)employees work 11 am to 7 pm five days per week
D)employees work 7 am to 3 pm Monday-Friday
E)all of the above

Question 70

Which of the following occupations is commonly subjected to compressed workweeks?

A)attorney
B)pilot
C)teacher
D)administrative assistant
E)manager

Question 71

Even discretionary benefits, while not required under federal law, are regulated by federal law.

Question 72

Which of the following benefits is not classified as a type of family -friendly benefit?

A)fitness facilities
B)flexible work schedules
C)sick leave
D)child care
E)elder care

Question 73

Which flexible work arrangement helps to prevent company layoffs by allowing a group of employees to take a temporary reduction in work hours?

A)telecommuting
B)job sharing
C)work sharing
D)flextime
E)compressed workweek

Question 74

The most expensive single benefit cost to employers is provision of pensions.

Question 75

The Job Creation and Worker Assistance Act was signed into law by President Clinton.

Question 76

Federal law requires private sector employers to grant a minimum amount of paid vacation leave.

Question 77

Pay for time not worked represents one of an employer's most costly benefits.

Question 78

Stephanie has opted to work from 7 am to 3 pm so that she can be home when her son comes home from school in the afternoons. Her company must offer for Stephanie to have this option.

A)compressed workweeks
B)telecommuting
C)variable pay
D)flextime
E)executive perquisites

Question 79

Employee benefits account for about one-third of wages and salaries.

Question 80

Another term used for flexible benefits plan is .

A)life plan
B)cafeteria benefits plan
C)variable pay plan
D)executive perquisite
E)matching plan