EBCP Module 1 Introduction

________ are benefits offered by employers to their employees in addition to employees' salaries. Employers shoulder some of the cost of these, while a portion might be paid for by the employees through salary payroll deductions.

Do 'Employee Benefits' end upon termination of employment?

This law stands for Consolidated Omnibus Budget Reconciliation Act of 1985?

This stands for Health Insurance Portability and Accountability Act of 1996?

When paying for the cost of employee benefits, what do you call the portion paid for by employees through salary payroll deductions?

It is called Patient Protection and Affordable Care Act or "Obamacare"

ERISA is a federal law that sets standard rules and regulations for retirement and self-funded plans?

This allows employees to take an unpaid, job-protected leave for family and medical reasons up to a maximum of 12 work weeks of within 12-month period

This is a benefit offered by an employer to its employees?

It is a plan where employees can choose from a list of benefits offered by employers?

Is a company or organization who employs an individual or group of people and pay them salary

An individual who performs services for an employer

An individual participating who is benefiting from the plan. Either directly as an employee or as a dependent of an employee.

Someone who can claim or be added in your benefit plans. For example your spouse or domestic partner, your children and/or parents etc.

The person designated by the employee to receive the life insurance benefits when the employee dies.